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$481,060$481,060$485,981
Remaining term (yrs)28.028.030.0
Secondary amount$0$31,920$0
Funding fee$0$0$0
Note rate6.350%6.350%7.240%
Blended rate6.900%7.210%7.480%
1st payment$3,059.58$3,059.58$3,311.95
2nd payment$0.00$315.88$0.00
Taxes / mo$288.08$288.08$288.08
Insurance / mo$166.67$166.67$166.67
MI / mo$225.37$225.37$97.20
HOA / mo$40.00$40.00$40.00
Total monthly$3,779.69$4,095.57$3,903.90
Cash to close$58,919$26,999$53,998