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$446,178$446,178$539,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$92,922$0
Funding fee$0$0$0
Note rate5.1%5.1%7.24%
Blended rate5.95%6.476%7.48%
1st payment$2,596.52$2,596.52$3,673.96
2nd payment$0.00$696.92$0.00
Taxes / mo$268.33$268.33$268.33
Insurance / mo$166.67$166.67$166.67
MI / mo$338.74$338.74$107.82
HOA / mo$30.00$30.00$30.00
Total monthly$3,400.26$4,097.18$4,246.78
Cash to close$152,822$59,900$59,900