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$983,255$983,255$1,035,000
Remaining term (yrs)29.329.330.0
Secondary amount$0$51,745$0
Funding fee$4,916$4,916$0
Note rate6.160%6.160%7.240%
Blended rate6.160%6.302%7.480%
1st payment$6,038.07$6,038.07$7,053.51
2nd payment$0.00$388.08$0.00
Taxes / mo$294.42$294.42$294.42
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$207.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,549.16$6,937.24$7,771.59
Cash to close$166,745$115,000$115,000