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$470,491$470,491$495,000
Remaining term (yrs)28.328.330.0
Secondary amount$0$52,009$0
Funding fee$2,352$2,352$0
Note rate6.960%6.960%7.240%
Blended rate6.960%7.449%7.480%
1st payment$3,170.01$3,170.01$3,373.42
2nd payment$0.00$514.67$0.00
Taxes / mo$165.17$165.17$165.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$405.00$405.00$405.00
Total monthly$3,906.84$4,421.51$4,209.25
Cash to close$79,509$27,500$55,000