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$429,990$429,990$458,100
Remaining term (yrs)27.527.530.0
Secondary amount$0$28,110$0
Funding fee$0$0$0
Note rate6.79%6.79%7.24%
Blended rate7.34%7.442%7.48%
1st payment$2,877.58$2,877.58$3,121.94
2nd payment$0.00$210.83$0.00
Taxes / mo$113.75$113.75$113.75
Insurance / mo$166.67$166.67$166.67
MI / mo$202.51$202.51$91.62
HOA / mo$0.00$0.00$0.00
Total monthly$3,360.51$3,571.34$3,493.98
Cash to close$79,010$50,900$50,900