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$546,827$546,827$585,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$38,173$0
Funding fee$0$0$0
Note rate6.77%6.77%7.24%
Blended rate7.32%7.43%7.48%
1st payment$3,637.49$3,637.49$3,986.76
2nd payment$0.00$286.30$0.00
Taxes / mo$322.50$322.50$322.50
Insurance / mo$166.67$166.67$166.67
MI / mo$256.52$256.52$117.00
HOA / mo$64.00$64.00$64.00
Total monthly$4,447.17$4,733.47$4,656.93
Cash to close$103,173$65,000$65,000