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$727,220$727,220$899,910
Remaining term (yrs)28.528.530.0
Secondary amount$0$172,690$0
Funding fee$0$0$0
Note rate6.67%6.67%7.24%
Blended rate7.22%7.37%7.48%
1st payment$4,752.01$4,752.01$6,132.87
2nd payment$0.00$1,151.27$0.00
Taxes / mo$294.92$294.92$294.92
Insurance / mo$216.67$216.67$216.67
MI / mo$338.57$338.57$179.98
HOA / mo$0.00$0.00$0.00
Total monthly$5,602.17$6,753.43$6,824.44
Cash to close$272,680$99,990$99,990