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$206,857$206,857$719,910
Remaining term (yrs)22.222.230.0
Secondary amount$0$513,053$0
Funding fee$0$0$0
Note rate4.800%4.800%7.240%
Blended rate5.650%7.147%7.480%
1st payment$1,262.15$1,262.15$4,906.17
2nd payment$0.00$3,313.47$0.00
Taxes / mo$92.17$92.17$92.17
Insurance / mo$216.67$216.67$216.67
MI / mo$170.40$170.40$143.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,741.38$5,054.85$5,358.99
Cash to close$593,043$79,990$79,990