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$464,149$464,149$530,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$66,761$0
Funding fee$0$0$0
Note rate6.63%6.63%7.24%
Blended rate7.18%7.409%7.48%
1st payment$3,023.83$3,023.83$3,618.14
2nd payment$0.00$500.71$0.00
Taxes / mo$230.75$230.75$230.75
Insurance / mo$166.67$166.67$166.67
MI / mo$216.33$216.33$106.18
HOA / mo$14.00$14.00$14.00
Total monthly$3,651.58$4,152.28$4,135.74
Cash to close$125,751$58,990$58,990