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$455,803$455,803$629,910
Remaining term (yrs)26.326.330.0
Secondary amount$0$174,107$0
Funding fee$0$0$0
Note rate6.090%6.090%7.240%
Blended rate6.640%7.016%7.480%
1st payment$2,894.93$2,894.93$4,292.82
2nd payment$0.00$1,160.72$0.00
Taxes / mo$217.67$217.67$217.67
Insurance / mo$166.67$166.67$166.67
MI / mo$219.19$219.19$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,498.45$4,659.17$4,803.14
Cash to close$244,097$69,990$69,990