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$482,739$482,739$508,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$25,761$0
Funding fee$0$0$0
Note rate6.87%6.87%7.24%
Blended rate7.42%7.5%7.48%
1st payment$3,255.74$3,255.74$3,465.42
2nd payment$0.00$193.21$0.00
Taxes / mo$147.42$147.42$147.42
Insurance / mo$166.67$166.67$166.67
MI / mo$227.27$227.27$101.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,797.09$3,990.30$3,881.20
Cash to close$82,261$56,500$56,500