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$427,783$427,783$1,165,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$737,717$0
Funding fee$2,139$2,139$0
Note rate2.860%2.860%7.240%
Blended rate2.860%5.955%7.480%
1st payment$2,049.75$2,049.75$7,942.86
2nd payment$0.00$4,764.42$0.00
Taxes / mo$46.58$46.58$46.58
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$233.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,313.00$7,077.42$8,439.21
Cash to close$867,217$129,500$129,500