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$433,308$433,308$440,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$32,097$0
Funding fee$0$0$0
Note rate6.6%6.6%7.24%
Blended rate7.15%7.476%7.48%
1st payment$2,884.62$2,884.62$3,004.79
2nd payment$0.00$317.63$0.00
Taxes / mo$79.25$79.25$79.25
Insurance / mo$166.67$166.67$166.67
MI / mo$207.01$207.01$88.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,337.55$3,655.18$3,338.89
Cash to close$56,592$24,495$48,990