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$447,502$447,502$494,654
Remaining term (yrs)26.126.130.0
Secondary amount$0$47,152$0
Funding fee$0$0$0
Note rate7.08%7.08%7.24%
Blended rate7.93%8.032%7.48%
1st payment$3,134.53$3,134.53$3,371.05
2nd payment$0.00$353.64$0.00
Taxes / mo$306.00$306.00$306.00
Insurance / mo$166.67$166.67$166.67
MI / mo$331.05$331.05$98.93
HOA / mo$0.00$0.00$0.00
Total monthly$3,938.24$4,291.88$3,942.65
Cash to close$102,113$54,962$54,962