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$989,436$989,436$1,615,500
Remaining term (yrs)28.328.330.0
Secondary amount$0$626,064$0
Funding fee$0$0$0
Note rate6.89%6.89%7.24%
Blended rate7.44%7.56%7.48%
1st payment$6,620.81$6,620.81$11,009.60
2nd payment$0.00$4,043.33$0.00
Taxes / mo$597.67$597.67$597.67
Insurance / mo$216.67$216.67$216.67
MI / mo$461.22$461.22$323.10
HOA / mo$443.00$443.00$443.00
Total monthly$8,339.37$12,382.70$12,590.04
Cash to close$805,564$179,500$179,500