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$429,459$429,459$620,999
Remaining term (yrs)29.229.230.0
Secondary amount$0$191,540$0
Funding fee$0$0$0
Note rate6.230%6.230%7.240%
Blended rate6.780%7.156%7.480%
1st payment$2,661.97$2,661.97$4,232.10
2nd payment$0.00$1,276.93$0.00
Taxes / mo$130.83$130.83$130.83
Insurance / mo$166.67$166.67$166.67
MI / mo$198.57$198.57$124.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,158.04$4,434.98$4,653.80
Cash to close$260,540$69,000$69,000