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$427,206$427,206$1,574,943
Remaining term (yrs)24.624.630.0
Secondary amount$0$1,147,737$0
Funding fee$2,136$2,136$0
Note rate3.04%3.04%7.24%
Blended rate3.04%6.472%7.48%
1st payment$2,053.14$2,053.14$10,733.21
2nd payment$0.00$7,412.47$0.00
Taxes / mo$235.50$235.50$235.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$314.99
HOA / mo$0.00$0.00$0.00
Total monthly$2,505.31$9,917.78$11,500.36
Cash to close$1,322,731$174,994$174,994