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$412,163$412,163$1,035,000
Remaining term (yrs)29.329.330.0
Secondary amount$0$622,837$0
Funding fee$2,061$2,061$0
Note rate6.180%6.180%7.240%
Blended rate6.180%7.125%7.480%
1st payment$2,536.36$2,536.36$7,053.51
2nd payment$0.00$4,022.49$0.00
Taxes / mo$170.67$170.67$170.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$207.00
HOA / mo$231.00$231.00$231.00
Total monthly$3,154.70$7,177.19$7,878.84
Cash to close$737,837$115,000$115,000