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 · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$420,980$420,980$572,220
Remaining term (yrs)27.227.230.0
Secondary amount$0$151,240$0
Funding fee$0$0$0
Note rate7.440%7.440%7.240%
Blended rate7.990%7.993%7.480%
1st payment$3,005.92$3,005.92$3,899.67
2nd payment$0.00$1,008.27$0.00
Taxes / mo$529.83$529.83$529.83
Insurance / mo$166.67$166.67$166.67
MI / mo$198.20$198.20$114.44
HOA / mo$117.00$117.00$117.00
Total monthly$4,017.62$5,025.89$4,827.61
Cash to close$214,820$63,580$63,580