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$484,514$484,514$895,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$410,986$0
Funding fee$2,423$2,423$0
Note rate2.7%2.7%7.24%
Blended rate2.7%5.018%7.48%
1st payment$2,270.94$2,270.94$6,102.82
2nd payment$0.00$2,654.29$0.00
Taxes / mo$220.92$220.92$220.92
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$179.10
HOA / mo$80.00$80.00$80.00
Total monthly$2,788.52$5,442.81$6,799.50
Cash to close$510,486$99,500$99,500