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$616,740$616,740$1,527,300
Remaining term (yrs)25.325.330.0
Secondary amount$0$910,560$0
Funding fee$3,084$3,084$0
Note rate3.550%3.550%7.240%
Blended rate3.550%6.054%7.480%
1st payment$3,072.51$3,072.51$10,408.52
2nd payment$0.00$5,880.70$0.00
Taxes / mo$427.33$427.33$427.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$305.46
HOA / mo$0.00$0.00$0.00
Total monthly$3,716.51$9,597.22$11,357.98
Cash to close$1,080,260$169,700$169,700