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$275,505$275,505$445,500
Remaining term (yrs)28.528.530.0
Secondary amount$0$169,995$0
Funding fee$1,378$1,378$0
Note rate6.500%6.500%7.240%
Blended rate6.500%7.072%7.480%
1st payment$1,769.79$1,769.79$3,036.07
2nd payment$0.00$1,133.30$0.00
Taxes / mo$135.25$135.25$135.25
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$89.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,071.71$3,205.01$3,427.09
Cash to close$219,495$49,500$49,500