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$65,122$65,122$449,999
Remaining term (yrs)17.417.430.0
Secondary amount$0$384,877$0
Funding fee$0$0$0
Note rate4.230%4.230%7.240%
Blended rate5.080%7.364%7.480%
1st payment$439.44$439.44$3,066.74
2nd payment$0.00$2,485.67$0.00
Taxes / mo$228.17$228.17$228.17
Insurance / mo$166.67$166.67$166.67
MI / mo$63.42$63.42$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$897.69$3,383.36$3,551.57
Cash to close$434,877$50,000$50,000