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$557,847$557,847$575,100
Remaining term (yrs)26.726.730.0
Secondary amount$0$49,203$0
Funding fee$0$0$0
Note rate6.670%6.670%7.240%
Blended rate7.220%7.597%7.480%
1st payment$3,726.02$3,726.02$3,919.30
2nd payment$0.00$486.91$0.00
Taxes / mo$372.58$372.58$372.58
Insurance / mo$166.67$166.67$166.67
MI / mo$265.47$265.47$115.02
HOA / mo$0.00$0.00$0.00
Total monthly$4,530.74$5,017.65$4,573.57
Cash to close$81,153$31,950$63,900