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$872,288$872,288$944,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$72,622$0
Funding fee$0$0$0
Note rate6.69%6.69%7.24%
Blended rate7.24%7.375%7.48%
1st payment$5,837.47$5,837.47$6,439.54
2nd payment$0.00$544.66$0.00
Taxes / mo$557.75$557.75$557.75
Insurance / mo$216.67$216.67$216.67
MI / mo$415.06$415.06$188.98
HOA / mo$45.00$45.00$45.00
Total monthly$7,071.94$7,616.61$7,447.94
Cash to close$177,612$104,990$104,990