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$419,488$419,488$602,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$183,422$0
Funding fee$0$0$0
Note rate6.84%6.84%7.24%
Blended rate7.39%7.576%7.48%
1st payment$2,976.94$2,976.94$4,108.82
2nd payment$0.00$1,222.81$0.00
Taxes / mo$163.75$163.75$163.75
Insurance / mo$166.67$166.67$166.67
MI / mo$195.87$195.87$120.58
HOA / mo$0.00$0.00$0.00
Total monthly$3,503.23$4,726.04$4,559.82
Cash to close$250,412$66,990$66,990