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$516,498$516,498$566,100
Remaining term (yrs)29.329.330.0
Secondary amount$0$49,602$0
Funding fee$0$0$0
Note rate6.260%6.260%7.240%
Blended rate6.810%7.002%7.480%
1st payment$3,205.11$3,205.11$3,857.96
2nd payment$0.00$372.01$0.00
Taxes / mo$524.17$524.17$524.17
Insurance / mo$166.67$166.67$166.67
MI / mo$238.33$238.33$113.22
HOA / mo$286.00$286.00$286.00
Total monthly$4,420.28$4,792.29$4,948.01
Cash to close$112,502$62,900$62,900