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$403,450$403,450$449,999
Remaining term (yrs)25.225.230.0
Secondary amount$0$46,550$0
Funding fee$2,017$2,017$0
Note rate3.1%3.1%7.24%
Blended rate3.1%3.71%7.48%
1st payment$1,921.57$1,921.57$3,066.74
2nd payment$0.00$349.12$0.00
Taxes / mo$230.42$230.42$230.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,318.66$2,667.78$3,553.82
Cash to close$96,549$50,000$50,000