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$184,510$184,510$855,000
Remaining term (yrs)14.014.030.0
Secondary amount$0$670,490$0
Funding fee$0$0$0
Note rate4.75%4.75%7.24%
Blended rate5.6%7.286%7.48%
1st payment$1,499.44$1,499.44$5,826.81
2nd payment$0.00$4,330.25$0.00
Taxes / mo$302.25$302.25$302.25
Insurance / mo$216.67$216.67$216.67
MI / mo$203.61$203.61$171.00
HOA / mo$62.00$62.00$62.00
Total monthly$2,283.97$6,614.22$6,578.73
Cash to close$765,490$95,000$95,000