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$471,772$471,772$675,000
Remaining term (yrs)26.526.530.0
Secondary amount$0$203,228$0
Funding fee$0$0$0
Note rate6.280%6.280%7.240%
Blended rate6.830%7.107%7.480%
1st payment$3,044.98$3,044.98$4,600.11
2nd payment$0.00$1,312.51$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$225.95$225.95$135.00
HOA / mo$203.00$203.00$203.00
Total monthly$4,315.59$5,628.10$5,779.78
Cash to close$278,228$75,000$75,000