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$791,924$791,924$1,304,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$512,176$0
Funding fee$3,960$3,960$0
Note rate3.05%3.05%7.24%
Blended rate3.05%4.896%7.48%
1st payment$3,818.75$3,818.75$8,887.42
2nd payment$0.00$3,307.80$0.00
Taxes / mo$414.33$414.33$414.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$260.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,449.75$7,757.55$9,779.24
Cash to close$657,076$144,900$144,900