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$263,649$263,649$764,100
Remaining term (yrs)14.314.330.0
Secondary amount$0$500,451$0
Funding fee$1,318$1,318$0
Note rate2.2%2.2%7.24%
Blended rate2.2%5.835%7.48%
1st payment$1,779.80$1,779.80$5,207.33
2nd payment$0.00$3,232.08$0.00
Taxes / mo$257.50$257.50$257.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,253.97$5,486.05$5,834.31
Cash to close$585,351$84,900$84,900