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$449,323$449,323$556,200
Remaining term (yrs)26.326.330.0
Secondary amount$0$106,877$0
Funding fee$0$0$0
Note rate6.12%6.12%7.24%
Blended rate6.67%6.926%7.48%
1st payment$2,862.18$2,862.18$3,790.49
2nd payment$0.00$712.51$0.00
Taxes / mo$227.92$227.92$227.92
Insurance / mo$166.67$166.67$166.67
MI / mo$216.02$216.02$111.24
HOA / mo$0.00$0.00$0.00
Total monthly$3,472.78$4,185.29$4,296.32
Cash to close$168,677$61,800$61,800