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$424,118$424,118$450,699
Remaining term (yrs)29.429.430.0
Secondary amount$0$26,581$0
Funding fee$0$0$0
Note rate5.62%5.62%7.24%
Blended rate6.17%6.337%7.48%
1st payment$2,456.08$2,456.08$3,071.51
2nd payment$0.00$199.36$0.00
Taxes / mo$207.58$207.58$207.58
Insurance / mo$166.67$166.67$166.67
MI / mo$195.66$195.66$90.14
HOA / mo$0.00$0.00$0.00
Total monthly$3,025.99$3,225.35$3,535.90
Cash to close$76,659$50,078$50,078