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$453,231$453,231$485,910
Remaining term (yrs)29.329.330.0
Secondary amount$0$32,679$0
Funding fee$0$0$0
Note rate6.090%6.090%7.240%
Blended rate6.640%6.799%7.480%
1st payment$2,762.84$2,762.84$3,311.47
2nd payment$0.00$245.09$0.00
Taxes / mo$162.08$162.08$162.08
Insurance / mo$166.67$166.67$166.67
MI / mo$209.19$209.19$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,300.78$3,545.87$3,737.40
Cash to close$86,669$53,990$53,990