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$383,399$383,399$696,510
Remaining term (yrs)28.928.930.0
Secondary amount$0$313,111$0
Funding fee$0$0$0
Note rate6.58%6.58%7.24%
Blended rate7.13%7.409%7.48%
1st payment$2,470.75$2,470.75$4,746.70
2nd payment$0.00$2,022.17$0.00
Taxes / mo$83.25$83.25$83.25
Insurance / mo$216.67$216.67$216.67
MI / mo$177.68$177.68$139.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,948.35$4,970.52$5,185.92
Cash to close$390,501$77,390$77,390