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$434,710$434,710$539,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$105,200$0
Funding fee$0$0$0
Note rate6.200%6.200%7.240%
Blended rate6.750%6.994%7.480%
1st payment$2,726.07$2,726.07$3,679.48
2nd payment$0.00$701.33$0.00
Taxes / mo$115.92$115.92$115.92
Insurance / mo$166.67$166.67$166.67
MI / mo$204.00$204.00$107.98
HOA / mo$10.33$10.33$10.33
Total monthly$3,222.99$3,924.32$4,080.37
Cash to close$165,190$59,990$59,990