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$734,221$734,221$742,410
Remaining term (yrs)28.928.930.0
Secondary amount$0$49,434$0
Funding fee$0$0$0
Note rate6.580%6.580%7.240%
Blended rate7.130%7.429%7.480%
1st payment$4,727.04$4,727.04$5,059.51
2nd payment$0.00$489.19$0.00
Taxes / mo$687.42$687.42$687.42
Insurance / mo$216.67$216.67$216.67
MI / mo$339.94$339.94$148.48
HOA / mo$0.00$0.00$0.00
Total monthly$5,971.07$6,460.26$6,112.08
Cash to close$90,679$41,245$82,490