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$165,824$165,824$765,000
Remaining term (yrs)22.122.130.0
Secondary amount$0$599,176$0
Funding fee$0$0$0
Note rate3.700%3.700%7.240%
Blended rate4.550%7.056%7.480%
1st payment$914.51$914.51$5,213.46
2nd payment$0.00$3,869.68$0.00
Taxes / mo$230.17$230.17$230.17
Insurance / mo$216.67$216.67$216.67
MI / mo$138.13$138.13$153.00
HOA / mo$29.17$29.17$29.17
Total monthly$1,528.64$5,398.32$5,842.46
Cash to close$684,176$85,000$85,000