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$485,733$485,733$530,100
Remaining term (yrs)29.029.030.0
Secondary amount$0$44,367$0
Funding fee$0$0$0
Note rate6.3%6.3%7.24%
Blended rate6.85%7.03%7.48%
1st payment$3,038.80$3,038.80$3,612.62
2nd payment$0.00$332.75$0.00
Taxes / mo$174.00$174.00$174.00
Insurance / mo$166.67$166.67$166.67
MI / mo$225.02$225.02$106.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,604.49$3,937.24$4,059.31
Cash to close$103,267$58,900$58,900