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$581,876$581,876$693,000
Remaining term (yrs)26.326.330.0
Secondary amount$0$111,124$0
Funding fee$0$0$0
Note rate6.090%6.090%7.240%
Blended rate6.640%6.858%7.480%
1st payment$3,695.66$3,695.66$4,722.78
2nd payment$0.00$740.83$0.00
Taxes / mo$233.42$233.42$233.42
Insurance / mo$216.67$216.67$216.67
MI / mo$279.81$279.81$138.60
HOA / mo$25.00$25.00$25.00
Total monthly$4,450.55$5,191.38$5,336.47
Cash to close$188,124$77,000$77,000