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$467,782$467,782$539,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$72,128$0
Funding fee$0$0$0
Note rate6.320%6.320%7.240%
Blended rate6.870%7.155%7.480%
1st payment$3,031.01$3,031.01$3,679.48
2nd payment$0.00$540.96$0.00
Taxes / mo$185.42$185.42$185.42
Insurance / mo$166.67$166.67$166.67
MI / mo$223.97$223.97$107.98
HOA / mo$36.67$36.67$36.67
Total monthly$3,643.73$4,184.69$4,176.21
Cash to close$132,118$59,990$59,990