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$502,955$502,955$535,050
Remaining term (yrs)26.326.330.0
Secondary amount$0$32,095$0
Funding fee$0$0$0
Note rate6.120%6.120%7.240%
Blended rate6.670%6.810%7.480%
1st payment$3,203.82$3,203.82$3,646.36
2nd payment$0.00$240.71$0.00
Taxes / mo$258.42$258.42$258.42
Insurance / mo$166.67$166.67$166.67
MI / mo$241.80$241.80$107.01
HOA / mo$50.00$50.00$50.00
Total monthly$3,920.70$4,161.41$4,228.45
Cash to close$91,545$59,450$59,450