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$361,629$361,629$423,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$61,371$0
Funding fee$1,808$1,808$0
Note rate2.800%2.800%7.240%
Blended rate2.800%3.700%7.480%
1st payment$1,681.38$1,681.38$2,882.74
2nd payment$0.00$460.28$0.00
Taxes / mo$199.75$199.75$199.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.60
HOA / mo$36.00$36.00$36.00
Total monthly$2,083.80$2,544.08$3,369.75
Cash to close$108,371$47,000$47,000