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$549,156$549,156$1,124,999
Remaining term (yrs)24.324.330.0
Secondary amount$0$575,843$0
Funding fee$2,746$2,746$0
Note rate2.67%2.67%7.24%
Blended rate2.67%5.27%7.48%
1st payment$2,553.12$2,553.12$7,666.85
2nd payment$0.00$3,718.99$0.00
Taxes / mo$338.42$338.42$338.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$225.00
HOA / mo$115.00$115.00$115.00
Total monthly$3,223.20$6,942.19$8,561.93
Cash to close$700,843$125,000$125,000