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$429,201$429,201$449,910
Remaining term (yrs)27.827.830.0
Secondary amount$0$45,704$0
Funding fee$0$0$0
Note rate6.470%6.470%7.240%
Blended rate7.020%7.487%7.480%
1st payment$2,771.64$2,771.64$3,066.13
2nd payment$0.00$452.28$0.00
Taxes / mo$213.83$213.83$213.83
Insurance / mo$166.67$166.67$166.67
MI / mo$201.61$201.61$89.98
HOA / mo$25.00$25.00$25.00
Total monthly$3,378.75$3,831.02$3,561.61
Cash to close$70,699$24,995$49,990