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$275,569$275,569$494,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$219,341$0
Funding fee$1,378$1,378$0
Note rate2.870%2.870%7.240%
Blended rate2.870%5.033%7.480%
1st payment$1,288.22$1,288.22$3,372.80
2nd payment$0.00$1,416.58$0.00
Taxes / mo$164.83$164.83$164.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,619.72$3,036.30$3,803.28
Cash to close$274,331$54,990$54,990