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$516,888$516,888$562,410
Remaining term (yrs)27.527.530.0
Secondary amount$0$45,522$0
Funding fee$0$0$0
Note rate6.88%6.88%7.24%
Blended rate7.43%7.557%7.48%
1st payment$3,489.43$3,489.43$3,832.81
2nd payment$0.00$341.41$0.00
Taxes / mo$192.17$192.17$192.17
Insurance / mo$166.67$166.67$166.67
MI / mo$243.33$243.33$112.48
HOA / mo$97.00$97.00$97.00
Total monthly$4,188.59$4,530.01$4,401.13
Cash to close$108,012$62,490$62,490