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$659,535$659,535$765,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$105,465$0
Funding fee$0$0$0
Note rate5.25%5.25%7.24%
Blended rate6.1%6.362%7.48%
1st payment$3,902.73$3,902.73$5,213.46
2nd payment$0.00$703.10$0.00
Taxes / mo$226.33$226.33$226.33
Insurance / mo$216.67$216.67$216.67
MI / mo$500.62$500.62$153.00
HOA / mo$150.00$150.00$150.00
Total monthly$4,996.35$5,699.45$5,959.46
Cash to close$190,465$85,000$85,000