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$633,144$633,144$652,410
Remaining term (yrs)26.726.730.0
Secondary amount$0$55,511$0
Funding fee$0$0$0
Note rate6.69%6.69%7.24%
Blended rate7.24%7.614%7.48%
1st payment$4,237.09$4,237.09$4,446.16
2nd payment$0.00$549.33$0.00
Taxes / mo$373.33$373.33$373.33
Insurance / mo$216.67$216.67$216.67
MI / mo$301.26$301.26$130.48
HOA / mo$50.00$50.00$50.00
Total monthly$5,178.35$5,727.68$5,216.64
Cash to close$91,756$36,245$72,490