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$134,817$134,817$2,070,000
Remaining term (yrs)5.65.630.0
Secondary amount$0$1,935,183$0
Funding fee$674$674$0
Note rate4.000%4.000%7.240%
Blended rate4.000%7.506%7.480%
1st payment$2,219.06$2,219.06$14,107.01
2nd payment$0.00$12,498.06$0.00
Taxes / mo$628.92$628.92$628.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$414.00
HOA / mo$56.25$56.25$56.25
Total monthly$3,120.90$15,618.96$15,422.84
Cash to close$2,165,183$230,000$230,000