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$427,384$427,384$602,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$175,526$0
Funding fee$0$0$0
Note rate5.27%5.27%7.24%
Blended rate6.12%6.667%7.48%
1st payment$2,534.08$2,534.08$4,108.82
2nd payment$0.00$1,170.17$0.00
Taxes / mo$251.08$251.08$251.08
Insurance / mo$166.67$166.67$166.67
MI / mo$324.33$324.33$120.58
HOA / mo$0.00$0.00$0.00
Total monthly$3,276.16$4,446.33$4,647.15
Cash to close$242,516$66,990$66,990