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$947,536$947,536$1,287,000
Remaining term (yrs)28.328.330.0
Secondary amount$0$339,464$0
Funding fee$4,738$4,738$0
Note rate6.500%6.500%7.240%
Blended rate6.500%6.830%7.480%
1st payment$6,105.33$6,105.33$8,770.88
2nd payment$0.00$2,192.37$0.00
Taxes / mo$427.00$427.00$427.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$257.40
HOA / mo$0.00$0.00$0.00
Total monthly$6,749.00$8,941.37$9,671.95
Cash to close$482,464$143,000$143,000