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$206,243$206,243$936,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$729,757$0
Funding fee$1,031$1,031$0
Note rate3.11%3.11%7.24%
Blended rate3.11%6.728%7.48%
1st payment$983.39$983.39$6,378.82
2nd payment$0.00$4,713.02$0.00
Taxes / mo$238.08$238.08$238.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$187.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,438.14$6,151.15$7,020.77
Cash to close$833,757$104,000$104,000