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$715,602$715,602$760,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$44,898$0
Funding fee$0$0$0
Note rate6.390%6.390%7.240%
Blended rate6.940%7.062%7.480%
1st payment$4,662.85$4,662.85$5,182.79
2nd payment$0.00$336.73$0.00
Taxes / mo$340.75$340.75$340.75
Insurance / mo$216.67$216.67$216.67
MI / mo$342.02$342.02$152.10
HOA / mo$55.00$55.00$55.00
Total monthly$5,617.29$5,954.03$5,947.31
Cash to close$129,398$84,500$84,500