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$466,017$466,017$467,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$27,033$0
Funding fee$0$0$0
Note rate4.72%4.72%7.24%
Blended rate5.57%5.916%7.48%
1st payment$2,617.24$2,617.24$3,183.28
2nd payment$0.00$267.51$0.00
Taxes / mo$204.83$204.83$204.83
Insurance / mo$166.67$166.67$166.67
MI / mo$356.62$356.62$93.42
HOA / mo$367.00$367.00$367.00
Total monthly$3,712.36$3,979.87$4,015.20
Cash to close$52,983$25,950$51,900