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$586,366$586,366$764,910
Remaining term (yrs)28.028.030.0
Secondary amount$0$178,544$0
Funding fee$0$0$0
Note rate6.120%6.120%7.240%
Blended rate6.670%6.980%7.480%
1st payment$3,643.23$3,643.23$5,212.85
2nd payment$0.00$1,190.29$0.00
Taxes / mo$199.00$199.00$199.00
Insurance / mo$216.67$216.67$216.67
MI / mo$274.96$274.96$152.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,333.85$5,524.15$5,781.50
Cash to close$263,534$84,990$84,990