Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$1,123,467$1,123,467$1,098,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$35,533$0
Funding fee$5,617$5,617$0
Note rate6.87%6.87%7.24%
Blended rate6.87%7.023%7.48%
1st payment$7,789.78$7,789.78$7,482.85
2nd payment$0.00$351.62$0.00
Taxes / mo$335.08$335.08$335.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$219.60
HOA / mo$0.00$0.00$0.00
Total monthly$8,341.53$8,693.15$8,254.20
Cash to close$96,533$61,000$122,000