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$742,741$742,741$2,335,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$1,592,759$0
Funding fee$3,714$3,714$0
Note rate2.800%2.800%7.240%
Blended rate2.800%6.176%7.480%
1st payment$3,494.00$3,494.00$15,916.39
2nd payment$0.00$10,286.57$0.00
Taxes / mo$460.25$460.25$460.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$467.10
HOA / mo$550.00$550.00$550.00
Total monthly$4,720.92$15,007.48$17,610.41
Cash to close$1,852,259$259,500$259,500