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$717,366$717,366$1,439,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$722,544$0
Funding fee$0$0$0
Note rate3.11%3.11%7.24%
Blended rate3.96%5.862%7.48%
1st payment$3,420.48$3,420.48$9,812.96
2nd payment$0.00$4,666.43$0.00
Taxes / mo$538.67$538.67$538.67
Insurance / mo$216.67$216.67$216.67
MI / mo$566.67$566.67$287.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,742.48$9,408.91$10,856.28
Cash to close$882,534$159,990$159,990