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$692,327$692,327$1,799,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$1,106,773$0
Funding fee$3,462$3,462$0
Note rate2.76%2.76%7.24%
Blended rate2.76%5.83%7.48%
1st payment$3,197.33$3,197.33$12,260.83
2nd payment$0.00$7,147.91$0.00
Taxes / mo$235.92$235.92$235.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$359.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,649.91$10,797.82$13,073.24
Cash to close$1,306,673$199,900$199,900