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$416,008$416,008$436,410
Remaining term (yrs)28.728.730.0
Secondary amount$0$44,647$0
Funding fee$0$0$0
Note rate6.77%6.77%7.24%
Blended rate7.32%7.761%7.48%
1st payment$2,740.43$2,740.43$2,974.13
2nd payment$0.00$441.82$0.00
Taxes / mo$116.25$116.25$116.25
Insurance / mo$166.67$166.67$166.67
MI / mo$193.26$193.26$87.28
HOA / mo$0.00$0.00$0.00
Total monthly$3,216.61$3,658.43$3,344.32
Cash to close$68,892$24,245$48,490