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$546,562$546,562$719,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$173,348$0
Funding fee$0$0$0
Note rate5.000%5.000%7.240%
Blended rate5.850%6.368%7.480%
1st payment$3,153.56$3,153.56$4,906.17
2nd payment$0.00$1,155.66$0.00
Taxes / mo$287.33$287.33$287.33
Insurance / mo$216.67$216.67$216.67
MI / mo$416.11$416.11$143.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,073.68$5,229.33$5,554.16
Cash to close$253,338$79,990$79,990