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$359,496$359,496$378,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$39,504$0
Funding fee$0$0$0
Note rate4.160%4.160%7.240%
Blended rate5.010%5.690%7.480%
1st payment$1,911.48$1,911.48$2,576.06
2nd payment$0.00$390.92$0.00
Taxes / mo$259.50$259.50$259.50
Insurance / mo$150.00$150.00$150.00
MI / mo$278.20$278.20$75.60
HOA / mo$32.00$32.00$32.00
Total monthly$2,631.18$3,022.10$3,093.16
Cash to close$60,504$21,000$42,000