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$441,092$441,092$476,910
Remaining term (yrs)27.727.730.0
Secondary amount$0$35,818$0
Funding fee$0$0$0
Note rate6.89%6.89%7.24%
Blended rate7.44%7.557%7.48%
1st payment$2,971.67$2,971.67$3,250.13
2nd payment$0.00$268.64$0.00
Taxes / mo$185.92$185.92$185.92
Insurance / mo$166.67$166.67$166.67
MI / mo$207.01$207.01$95.38
HOA / mo$0.00$0.00$0.00
Total monthly$3,531.26$3,799.90$3,698.10
Cash to close$88,808$52,990$52,990