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$244,089$244,089$463,410
Remaining term (yrs)20.820.830.0
Secondary amount$0$219,321$0
Funding fee$1,220$1,220$0
Note rate3.03%3.03%7.24%
Blended rate3.03%5.264%7.48%
1st payment$1,314.15$1,314.15$3,158.13
2nd payment$0.00$1,416.45$0.00
Taxes / mo$261.33$261.33$261.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$92.68
HOA / mo$30.00$30.00$30.00
Total monthly$1,772.15$3,188.60$3,708.81
Cash to close$270,811$51,490$51,490