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$304,622$304,622$504,000
Remaining term (yrs)27.527.530.0
Secondary amount$0$199,378$0
Funding fee$1,523$1,523$0
Note rate6.790%6.790%7.240%
Blended rate6.790%7.269%7.480%
1st payment$2,038.59$2,038.59$3,434.75
2nd payment$0.00$1,329.19$0.00
Taxes / mo$276.08$276.08$276.08
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.80
HOA / mo$49.58$49.58$49.58
Total monthly$2,530.92$3,860.11$4,027.88
Cash to close$255,378$56,000$56,000