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$400,869$400,869$414,000
Remaining term (yrs)28.428.430.0
Secondary amount$0$36,131$0
Funding fee$0$0$0
Note rate6.76%6.76%7.24%
Blended rate7.31%7.687%7.48%
1st payment$2,645.64$2,645.64$2,821.40
2nd payment$0.00$357.54$0.00
Taxes / mo$132.67$132.67$132.67
Insurance / mo$166.67$166.67$166.67
MI / mo$186.76$186.76$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,131.73$3,489.28$3,203.54
Cash to close$59,131$23,000$46,000