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$110,492$110,492$1,575,000
Remaining term (yrs)29.729.730.0
Secondary amount$0$1,464,508$0
Funding fee$0$0$0
Note rate6.500%6.500%7.240%
Blended rate7.050%7.701%7.480%
1st payment$699.66$699.66$10,733.60
2nd payment$0.00$9,458.28$0.00
Taxes / mo$729.17$729.17$729.17
Insurance / mo$216.67$216.67$216.67
MI / mo$50.73$50.73$315.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,696.22$11,154.50$11,994.43
Cash to close$1,639,508$175,000$175,000