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$560,169$560,169$661,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$101,331$0
Funding fee$0$0$0
Note rate5.510%5.510%7.240%
Blended rate6.360%6.611%7.480%
1st payment$3,386.90$3,386.90$4,508.11
2nd payment$0.00$675.54$0.00
Taxes / mo$444.08$444.08$444.08
Insurance / mo$216.67$216.67$216.67
MI / mo$422.06$422.06$132.30
HOA / mo$133.00$133.00$133.00
Total monthly$4,602.71$5,278.25$5,434.16
Cash to close$174,831$73,500$73,500