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$930,308$930,308$1,107,000
Remaining term (yrs)28.528.530.0
Secondary amount$0$176,692$0
Funding fee$4,652$4,652$0
Note rate6.670%6.670%7.240%
Blended rate6.670%6.882%7.480%
1st payment$6,079.08$6,079.08$7,544.18
2nd payment$0.00$1,177.95$0.00
Taxes / mo$338.17$338.17$338.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$221.40
HOA / mo$627.00$627.00$627.00
Total monthly$7,260.92$8,438.87$8,947.42
Cash to close$299,692$123,000$123,000