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$562,999$562,999$733,500
Remaining term (yrs)26.226.230.0
Secondary amount$0$170,501$0
Funding fee$0$0$0
Note rate6.490%6.490%7.240%
Blended rate7.340%7.493%7.480%
1st payment$3,726.27$3,726.27$4,998.79
2nd payment$0.00$1,136.68$0.00
Taxes / mo$679.17$679.17$679.17
Insurance / mo$216.67$216.67$216.67
MI / mo$418.02$418.02$146.70
HOA / mo$0.00$0.00$0.00
Total monthly$5,040.13$6,176.80$6,041.32
Cash to close$252,001$81,500$81,500