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$48,071$48,071$791,100
Remaining term (yrs)8.38.330.0
Secondary amount$0$743,029$0
Funding fee$240$240$0
Note rate5.5%5.5%7.24%
Blended rate5.5%7.613%7.48%
1st payment$595.66$595.66$5,391.33
2nd payment$0.00$4,798.73$0.00
Taxes / mo$650.08$650.08$650.08
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$158.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,462.41$6,261.13$6,416.30
Cash to close$830,929$87,900$87,900