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$46,783$46,783$445,500
Remaining term (yrs)4.94.930.0
Secondary amount$0$398,717$0
Funding fee$0$0$0
Note rate6.87%6.87%7.24%
Blended rate7.72%7.747%7.48%
1st payment$923.50$923.50$3,036.07
2nd payment$0.00$2,575.04$0.00
Taxes / mo$183.17$183.17$183.17
Insurance / mo$166.67$166.67$166.67
MI / mo$99.63$99.63$89.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,372.96$3,948.01$3,475.01
Cash to close$448,217$49,500$49,500