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$277,624$277,624$290,700
Remaining term (yrs)25.725.730.0
Secondary amount$0$29,226$0
Funding fee$1,388$1,388$0
Note rate5.300%5.300%7.240%
Blended rate5.300%5.926%7.480%
1st payment$1,648.56$1,648.56$1,981.12
2nd payment$0.00$289.21$0.00
Taxes / mo$179.08$179.08$179.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.14
HOA / mo$0.00$0.00$0.00
Total monthly$1,977.64$2,266.85$2,368.34
Cash to close$45,376$16,150$32,300