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$529,771$529,771$539,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$40,134$0
Funding fee$0$0$0
Note rate6.35%6.35%7.24%
Blended rate6.9%7.25%7.48%
1st payment$3,334.77$3,334.77$3,679.48
2nd payment$0.00$397.16$0.00
Taxes / mo$237.33$237.33$237.33
Insurance / mo$166.67$166.67$166.67
MI / mo$245.64$245.64$107.98
HOA / mo$59.00$59.00$59.00
Total monthly$4,043.41$4,440.57$4,250.46
Cash to close$70,129$29,995$59,990