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$2,321,338$2,321,338$2,609,999
Remaining term (yrs)25.425.430.0
Secondary amount$0$288,661$0
Funding fee$11,607$11,607$0
Note rate3.760%3.760%7.240%
Blended rate3.760%4.201%7.480%
1st payment$11,783.35$11,783.35$17,787.10
2nd payment$0.00$1,864.27$0.00
Taxes / mo$609.92$609.92$609.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$522.00
HOA / mo$0.00$0.00$0.00
Total monthly$12,609.93$14,474.20$19,135.68
Cash to close$578,661$290,000$290,000