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$636,964$636,964$899,999
Remaining term (yrs)28.228.230.0
Secondary amount$0$263,035$0
Funding fee$3,185$3,185$0
Note rate6.500%6.500%7.240%
Blended rate6.500%6.865%7.480%
1st payment$4,108.42$4,108.42$6,133.48
2nd payment$0.00$1,698.77$0.00
Taxes / mo$57.33$57.33$57.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$180.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,382.42$6,081.18$6,587.48
Cash to close$363,035$100,000$100,000