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$649,630$649,630$643,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$29,620$0
Funding fee$0$0$0
Note rate5.250%5.250%7.240%
Blended rate5.800%6.065%7.480%
1st payment$3,792.60$3,792.60$4,385.44
2nd payment$0.00$293.12$0.00
Taxes / mo$287.75$287.75$287.75
Insurance / mo$216.67$216.67$216.67
MI / mo$314.79$314.79$128.70
HOA / mo$0.00$0.00$0.00
Total monthly$4,611.81$4,904.92$5,018.56
Cash to close$65,370$35,750$71,500