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$412,824$412,824$490,500
Remaining term (yrs)26.826.830.0
Secondary amount$0$77,676$0
Funding fee$0$0$0
Note rate6.96%6.96%7.24%
Blended rate7.51%7.746%7.48%
1st payment$2,831.69$2,831.69$3,342.75
2nd payment$0.00$582.57$0.00
Taxes / mo$125.75$125.75$125.75
Insurance / mo$166.67$166.67$166.67
MI / mo$195.87$195.87$98.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,319.97$3,902.54$3,733.27
Cash to close$132,176$54,500$54,500