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$471,269$471,269$575,100
Remaining term (yrs)28.828.830.0
Secondary amount$0$103,831$0
Funding fee$0$0$0
Note rate6.5%6.5%7.24%
Blended rate7.05%7.222%7.48%
1st payment$3,015.35$3,015.35$3,919.30
2nd payment$0.00$692.21$0.00
Taxes / mo$318.67$318.67$318.67
Insurance / mo$166.67$166.67$166.67
MI / mo$218.65$218.65$115.02
HOA / mo$25.00$25.00$25.00
Total monthly$3,744.34$4,436.55$4,544.65
Cash to close$167,731$63,900$63,900