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$515,865$515,865$547,200
Remaining term (yrs)28.528.530.0
Secondary amount$0$31,335$0
Funding fee$0$0$0
Note rate6.67%6.67%7.24%
Blended rate7.22%7.322%7.48%
1st payment$3,370.91$3,370.91$3,729.16
2nd payment$0.00$235.01$0.00
Taxes / mo$252.17$252.17$252.17
Insurance / mo$166.67$166.67$166.67
MI / mo$240.17$240.17$109.44
HOA / mo$0.00$0.00$0.00
Total monthly$4,029.92$4,264.93$4,257.43
Cash to close$92,135$60,800$60,800