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$726,715$726,715$791,100
Remaining term (yrs)28.428.430.0
Secondary amount$0$64,385$0
Funding fee$0$0$0
Note rate6.760%6.760%7.240%
Blended rate7.310%7.448%7.480%
1st payment$4,796.14$4,796.14$5,391.33
2nd payment$0.00$482.89$0.00
Taxes / mo$502.92$502.92$502.92
Insurance / mo$216.67$216.67$216.67
MI / mo$338.57$338.57$158.22
HOA / mo$0.00$0.00$0.00
Total monthly$5,854.29$6,337.18$6,269.14
Cash to close$152,285$87,900$87,900