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$397,595$397,595$407,700
Remaining term (yrs)27.827.830.0
Secondary amount$0$32,755$0
Funding fee$0$0$0
Note rate6.47%6.47%7.24%
Blended rate7.02%7.39%7.48%
1st payment$2,567.54$2,567.54$2,778.47
2nd payment$0.00$324.14$0.00
Taxes / mo$178.58$178.58$178.58
Insurance / mo$166.67$166.67$166.67
MI / mo$186.76$186.76$81.54
HOA / mo$0.00$0.00$0.00
Total monthly$3,099.55$3,423.69$3,205.26
Cash to close$55,405$22,650$45,300