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$948,759$948,759$1,160,100
Remaining term (yrs)29.429.430.0
Secondary amount$0$211,341$0
Funding fee$0$0$0
Note rate5.120%5.120%7.240%
Blended rate5.670%6.049%7.480%
1st payment$5,193.73$5,193.73$7,906.06
2nd payment$0.00$1,364.91$0.00
Taxes / mo$499.67$499.67$499.67
Insurance / mo$216.67$216.67$216.67
MI / mo$437.44$437.44$232.02
HOA / mo$0.00$0.00$0.00
Total monthly$6,347.50$7,712.41$8,854.41
Cash to close$340,241$128,900$128,900