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$473,191$473,191$566,091
Remaining term (yrs)25.525.530.0
Secondary amount$0$92,900$0
Funding fee$0$0$0
Note rate4.17%4.17%7.24%
Blended rate5.02%5.673%7.48%
1st payment$2,509.43$2,509.43$3,857.90
2nd payment$0.00$696.75$0.00
Taxes / mo$221.75$221.75$221.75
Insurance / mo$166.67$166.67$166.67
MI / mo$364.79$364.79$113.22
HOA / mo$50.00$50.00$50.00
Total monthly$3,312.64$4,009.39$4,409.53
Cash to close$155,799$62,899$62,899