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$399,213$399,213$449,910
Remaining term (yrs)27.027.030.0
Secondary amount$0$50,697$0
Funding fee$0$0$0
Note rate6.96%6.96%7.24%
Blended rate7.51%7.678%7.48%
1st payment$2,732.58$2,732.58$3,066.13
2nd payment$0.00$380.23$0.00
Taxes / mo$135.08$135.08$135.08
Insurance / mo$166.67$166.67$166.67
MI / mo$189.01$189.01$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,223.35$3,603.58$3,457.86
Cash to close$100,687$49,990$49,990