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$952,319$952,319$1,214,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$261,781$0
Funding fee$4,762$4,762$0
Note rate3.550%3.550%7.240%
Blended rate3.550%4.456%7.480%
1st payment$4,744.32$4,744.32$8,274.07
2nd payment$0.00$1,690.67$0.00
Taxes / mo$327.33$327.33$327.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$242.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,288.32$6,979.00$9,060.89
Cash to close$396,681$134,900$134,900