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$99,665$99,665$486,000
Remaining term (yrs)12.612.630.0
Secondary amount$0$386,335$0
Funding fee$0$0$0
Note rate4.870%4.870%7.240%
Blended rate5.720%7.334%7.480%
1st payment$879.88$879.88$3,312.08
2nd payment$0.00$2,495.08$0.00
Taxes / mo$265.42$265.42$265.42
Insurance / mo$166.67$166.67$166.67
MI / mo$117.84$117.84$97.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,429.80$3,924.88$3,841.36
Cash to close$440,335$54,000$54,000