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$630,300$630,300$1,012,410
Remaining term (yrs)25.125.130.0
Secondary amount$0$382,110$0
Funding fee$3,152$3,152$0
Note rate3.050%3.050%7.240%
Blended rate3.050%4.824%7.480%
1st payment$2,985.53$2,985.53$6,899.56
2nd payment$0.00$2,467.79$0.00
Taxes / mo$216.25$216.25$216.25
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$202.48
HOA / mo$125.00$125.00$125.00
Total monthly$3,543.45$6,011.24$7,659.95
Cash to close$494,600$112,490$112,490