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$658,344$658,344$863,550
Remaining term (yrs)27.627.630.0
Secondary amount$0$205,206$0
Funding fee$0$0$0
Note rate7.1%7.1%7.24%
Blended rate7.65%7.674%7.48%
1st payment$4,534.91$4,534.91$5,885.08
2nd payment$0.00$1,325.29$0.00
Taxes / mo$269.00$269.00$269.00
Insurance / mo$216.67$216.67$216.67
MI / mo$309.29$309.29$172.71
HOA / mo$115.00$115.00$115.00
Total monthly$5,444.86$6,770.15$6,658.45
Cash to close$301,156$95,950$95,950