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$443,613$443,613$481,500
Remaining term (yrs)28.228.230.0
Secondary amount$0$37,887$0
Funding fee$0$0$0
Note rate6.85%6.85%7.24%
Blended rate7.4%7.526%7.48%
1st payment$2,959.60$2,959.60$3,281.41
2nd payment$0.00$284.15$0.00
Taxes / mo$192.58$192.58$192.58
Insurance / mo$166.67$166.67$166.67
MI / mo$207.01$207.01$96.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,525.86$3,810.01$3,736.96
Cash to close$91,387$53,500$53,500