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$244,666$244,666$765,000
Remaining term (yrs)21.321.330.0
Secondary amount$0$520,334$0
Funding fee$0$0$0
Note rate4.400%4.400%7.240%
Blended rate5.250%6.950%7.480%
1st payment$1,475.07$1,475.07$5,213.46
2nd payment$0.00$3,360.49$0.00
Taxes / mo$191.50$191.50$191.50
Insurance / mo$216.67$216.67$216.67
MI / mo$208.65$208.65$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,091.89$5,452.38$5,774.63
Cash to close$605,334$85,000$85,000