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$3,014,628$3,014,628$3,570,300
Remaining term (yrs)28.728.730.0
Secondary amount$0$555,672$0
Funding fee$15,073$15,073$0
Note rate6.850%6.850%7.240%
Blended rate6.850%6.990%7.480%
1st payment$20,017.51$20,017.51$24,331.53
2nd payment$0.00$3,588.71$0.00
Taxes / mo$1,516.83$1,516.83$1,516.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$714.06
HOA / mo$0.00$0.00$0.00
Total monthly$21,751.01$25,339.73$26,779.09
Cash to close$952,372$396,700$396,700