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$333,052$333,052$1,080,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$746,948$0
Funding fee$1,665$1,665$0
Note rate3.1%3.1%7.24%
Blended rate3.1%6.316%7.48%
1st payment$1,652.55$1,652.55$7,360.18
2nd payment$0.00$4,824.04$0.00
Taxes / mo$205.75$205.75$205.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$216.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,074.97$6,899.01$7,998.60
Cash to close$866,948$120,000$120,000