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$257,641$257,641$418,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$160,859$0
Funding fee$1,288$1,288$0
Note rate3.73%3.73%7.24%
Blended rate3.73%5.371%7.48%
1st payment$1,382.37$1,382.37$2,852.07
2nd payment$0.00$1,072.39$0.00
Taxes / mo$209.25$209.25$209.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.70
HOA / mo$35.00$35.00$35.00
Total monthly$1,793.29$2,865.68$3,346.69
Cash to close$207,359$46,500$46,500