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$722,953$722,953$1,885,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$1,162,547$0
Funding fee$3,615$3,615$0
Note rate2.86%2.86%7.24%
Blended rate2.86%5.875%7.48%
1st payment$3,464.08$3,464.08$12,849.65
2nd payment$0.00$7,508.11$0.00
Taxes / mo$446.75$446.75$446.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$377.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,127.50$11,635.61$13,890.16
Cash to close$1,372,047$209,500$209,500