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$412,728$412,728$418,499
Remaining term (yrs)29.429.430.0
Secondary amount$0$29,021$0
Funding fee$0$0$0
Note rate6.110%6.110%7.240%
Blended rate6.660%7.003%7.480%
1st payment$2,518.69$2,518.69$2,852.06
2nd payment$0.00$287.19$0.00
Taxes / mo$196.00$196.00$196.00
Insurance / mo$166.67$166.67$166.67
MI / mo$190.29$190.29$83.70
HOA / mo$25.00$25.00$25.00
Total monthly$3,096.65$3,383.85$3,323.43
Cash to close$52,271$23,250$46,500