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$65,858$65,858$625,950
Remaining term (yrs)15.815.830.0
Secondary amount$0$560,092$0
Funding fee$329$329$0
Note rate3.55%3.55%7.24%
Blended rate3.55%7.308%7.48%
1st payment$451.84$451.84$4,265.84
2nd payment$0.00$3,617.26$0.00
Taxes / mo$423.50$423.50$423.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$125.19
HOA / mo$4.17$4.17$4.17
Total monthly$1,046.18$4,663.44$4,985.36
Cash to close$629,642$69,550$69,550