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$537,513$537,513$584,910
Remaining term (yrs)29.529.530.0
Secondary amount$0$47,397$0
Funding fee$0$0$0
Note rate6.380%6.380%7.240%
Blended rate6.930%7.098%7.480%
1st payment$3,370.90$3,370.90$3,986.15
2nd payment$0.00$355.48$0.00
Taxes / mo$99.25$99.25$99.25
Insurance / mo$166.67$166.67$166.67
MI / mo$247.52$247.52$116.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,884.33$4,239.81$4,369.05
Cash to close$112,387$64,990$64,990