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$33,297$33,297$422,100
Remaining term (yrs)16.916.930.0
Secondary amount$0$388,803$0
Funding fee$0$0$0
Note rate5.55%5.55%7.24%
Blended rate6.4%7.644%7.48%
1st payment$252.50$252.50$2,876.60
2nd payment$0.00$2,511.02$0.00
Taxes / mo$367.50$367.50$367.50
Insurance / mo$166.67$166.67$166.67
MI / mo$26.58$26.58$84.42
HOA / mo$8.33$8.33$8.33
Total monthly$821.58$3,332.60$3,503.52
Cash to close$435,703$46,900$46,900