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$560,918$560,918$819,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$258,082$0
Funding fee$2,805$2,805$0
Note rate3.01%3.01%7.24%
Blended rate3.01%4.504%7.48%
1st payment$2,743.93$2,743.93$5,581.47
2nd payment$0.00$1,666.78$0.00
Taxes / mo$358.92$358.92$358.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$163.80
HOA / mo$80.00$80.00$80.00
Total monthly$3,399.52$5,066.30$6,400.85
Cash to close$349,082$91,000$91,000