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$433,205$433,205$503,910
Remaining term (yrs)29.029.030.0
Secondary amount$0$70,705$0
Funding fee$0$0$0
Note rate6.560%6.560%7.240%
Blended rate7.110%7.375%7.480%
1st payment$2,783.38$2,783.38$3,434.14
2nd payment$0.00$530.29$0.00
Taxes / mo$219.08$219.08$219.08
Insurance / mo$166.67$166.67$166.67
MI / mo$200.58$200.58$100.78
HOA / mo$33.00$33.00$33.00
Total monthly$3,402.71$3,933.00$3,953.67
Cash to close$126,695$55,990$55,990