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$1,211,100$1,211,100$1,197,000
Remaining term (yrs)28.528.530.0
Secondary amount$0$52,400$0
Funding fee$6,056$6,056$0
Note rate6.62%6.62%7.24%
Blended rate6.62%6.838%7.48%
1st payment$7,874.39$7,874.39$8,157.53
2nd payment$0.00$518.54$0.00
Taxes / mo$289.83$289.83$289.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$239.40
HOA / mo$100.00$100.00$100.00
Total monthly$8,480.89$8,999.43$9,003.43
Cash to close$118,900$66,500$133,000