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$387,758$387,758$396,000
Remaining term (yrs)26.726.730.0
Secondary amount$0$30,242$0
Funding fee$0$0$0
Note rate6.670%6.670%7.240%
Blended rate7.220%7.557%7.480%
1st payment$2,589.95$2,589.95$2,698.73
2nd payment$0.00$299.27$0.00
Taxes / mo$176.58$176.58$176.58
Insurance / mo$150.00$150.00$150.00
MI / mo$184.53$184.53$79.20
HOA / mo$101.00$101.00$101.00
Total monthly$3,202.06$3,501.33$3,205.52
Cash to close$52,242$22,000$44,000