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$2,478,788$2,478,788$2,430,000
Remaining term (yrs)29.329.330.0
Secondary amount$0$86,212$0
Funding fee$12,394$12,394$0
Note rate6.160%6.160%7.240%
Blended rate6.160%6.352%7.480%
1st payment$15,221.99$15,221.99$16,560.40
2nd payment$0.00$853.14$0.00
Taxes / mo$686.17$686.17$686.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$486.00
HOA / mo$85.00$85.00$85.00
Total monthly$16,209.83$17,062.97$18,034.24
Cash to close$221,212$135,000$270,000