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$535,579$535,579$584,100
Remaining term (yrs)26.326.330.0
Secondary amount$0$48,521$0
Funding fee$0$0$0
Note rate5.750%5.750%7.240%
Blended rate6.300%6.524%7.480%
1st payment$3,289.03$3,289.03$3,980.63
2nd payment$0.00$363.91$0.00
Taxes / mo$161.83$161.83$161.83
Insurance / mo$166.67$166.67$166.67
MI / mo$258.32$258.32$116.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,875.85$4,239.76$4,425.95
Cash to close$113,421$64,900$64,900