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$441,830$441,830$512,100
Remaining term (yrs)28.728.730.0
Secondary amount$0$70,270$0
Funding fee$0$0$0
Note rate6.5%6.5%7.24%
Blended rate7.05%7.318%7.48%
1st payment$2,829.77$2,829.77$3,489.95
2nd payment$0.00$527.03$0.00
Taxes / mo$132.42$132.42$132.42
Insurance / mo$166.67$166.67$166.67
MI / mo$205.20$205.20$102.42
HOA / mo$0.00$0.00$0.00
Total monthly$3,334.05$3,861.07$3,891.46
Cash to close$127,170$56,900$56,900