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$1,318,346$1,318,346$1,305,000
Remaining term (yrs)29.229.230.0
Secondary amount$0$59,154$0
Funding fee$6,592$6,592$0
Note rate6.23%6.23%7.24%
Blended rate6.23%6.472%7.48%
1st payment$8,171.67$8,171.67$8,893.55
2nd payment$0.00$585.38$0.00
Taxes / mo$360.25$360.25$360.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$261.00
HOA / mo$100.00$100.00$100.00
Total monthly$8,848.58$9,433.96$9,831.47
Cash to close$131,654$72,500$145,000