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$435,361$435,361$539,999
Remaining term (yrs)28.928.930.0
Secondary amount$0$104,638$0
Funding fee$0$0$0
Note rate4.750%4.750%7.240%
Blended rate5.300%5.823%7.480%
1st payment$2,303.57$2,303.57$3,680.08
2nd payment$0.00$697.59$0.00
Taxes / mo$315.17$315.17$315.17
Insurance / mo$166.67$166.67$166.67
MI / mo$202.40$202.40$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,987.80$3,685.39$4,269.92
Cash to close$164,638$60,000$60,000