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$636,750$636,750$989,100
Remaining term (yrs)19.319.330.0
Secondary amount$0$352,350$0
Funding fee$0$0$0
Note rate3.970%3.970%7.240%
Blended rate4.820%5.864%7.480%
1st payment$3,924.42$3,924.42$6,740.70
2nd payment$0.00$2,275.60$0.00
Taxes / mo$223.67$223.67$223.67
Insurance / mo$216.67$216.67$216.67
MI / mo$584.38$584.38$197.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,949.13$7,224.73$7,378.85
Cash to close$462,250$109,900$109,900