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$457,888$457,888$683,910
Remaining term (yrs)26.326.330.0
Secondary amount$0$226,022$0
Funding fee$0$0$0
Note rate6.120%6.120%7.240%
Blended rate6.670%7.027%7.480%
1st payment$2,916.74$2,916.74$4,660.83
2nd payment$0.00$1,459.73$0.00
Taxes / mo$381.25$381.25$381.25
Insurance / mo$216.67$216.67$216.67
MI / mo$220.13$220.13$136.78
HOA / mo$42.00$42.00$42.00
Total monthly$3,776.79$5,236.52$5,437.53
Cash to close$302,012$75,990$75,990