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$7,482$7,482$585,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$577,518$0
Funding fee$0$0$0
Note rate7.790%7.790%7.240%
Blended rate8.340%7.758%7.480%
1st payment$56.47$56.47$3,986.76
2nd payment$0.00$3,729.80$0.00
Taxes / mo$109.33$109.33$109.33
Insurance / mo$166.67$166.67$166.67
MI / mo$3.53$3.53$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$336.01$4,065.81$4,379.76
Cash to close$642,518$65,000$65,000