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$432,772$432,772$458,100
Remaining term (yrs)29.729.730.0
Secondary amount$0$25,328$0
Funding fee$0$0$0
Note rate6.530%6.530%7.240%
Blended rate7.080%7.186%7.480%
1st payment$2,751.41$2,751.41$3,121.94
2nd payment$0.00$189.96$0.00
Taxes / mo$140.58$140.58$140.58
Insurance / mo$166.67$166.67$166.67
MI / mo$198.89$198.89$91.62
HOA / mo$130.00$130.00$130.00
Total monthly$3,387.56$3,577.52$3,650.81
Cash to close$76,228$50,900$50,900