Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$1,377,936$1,377,936$2,159,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$781,164$0
Funding fee$6,890$6,890$0
Note rate3.720%3.720%7.240%
Blended rate3.720%5.178%7.480%
1st payment$7,336.50$7,336.50$14,714.23
2nd payment$0.00$5,045.02$0.00
Taxes / mo$1,999.17$1,999.17$1,999.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$431.82
HOA / mo$36.00$36.00$36.00
Total monthly$9,588.33$14,633.35$17,397.88
Cash to close$1,021,064$239,900$239,900