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$42,597$42,597$566,460
Remaining term (yrs)4.34.330.0
Secondary amount$0$523,863$0
Funding fee$0$0$0
Note rate7.030%7.030%7.240%
Blended rate7.880%7.760%7.480%
1st payment$952.66$952.66$3,860.41
2nd payment$0.00$3,383.28$0.00
Taxes / mo$200.42$200.42$200.42
Insurance / mo$166.67$166.67$166.67
MI / mo$101.12$101.12$113.29
HOA / mo$0.00$0.00$0.00
Total monthly$1,420.86$4,804.14$4,340.79
Cash to close$586,803$62,940$62,940