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$701,065$701,065$944,730
Remaining term (yrs)29.229.230.0
Secondary amount$0$243,665$0
Funding fee$3,505$3,505$0
Note rate6.18%6.18%7.24%
Blended rate6.18%6.585%7.48%
1st payment$4,318.54$4,318.54$6,438.32
2nd payment$0.00$1,573.67$0.00
Taxes / mo$245.17$245.17$245.17
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$188.95
HOA / mo$0.00$0.00$0.00
Total monthly$4,780.37$6,354.05$7,089.10
Cash to close$348,635$104,970$104,970