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$12,312$12,312$1,435,500
Remaining term (yrs)0.50.530.0
Secondary amount$0$1,423,188$0
Funding fee$0$0$0
Note rate3.500%3.500%7.240%
Blended rate4.350%7.721%7.480%
1st payment$1,779.39$1,779.39$9,782.91
2nd payment$0.00$9,191.42$0.00
Taxes / mo$178.33$178.33$178.33
Insurance / mo$216.67$216.67$216.67
MI / mo$176.31$176.31$287.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,350.70$11,542.13$10,465.01
Cash to close$1,582,688$159,500$159,500