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$416,066$416,066$530,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$114,844$0
Funding fee$0$0$0
Note rate6.5%6.5%7.24%
Blended rate7.05%7.255%7.48%
1st payment$2,675.42$2,675.42$3,618.14
2nd payment$0.00$765.63$0.00
Taxes / mo$193.25$193.25$193.25
Insurance / mo$166.67$166.67$166.67
MI / mo$194.00$194.00$106.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,229.34$3,994.97$4,084.24
Cash to close$173,834$58,990$58,990