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$397,744$397,744$719,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$322,166$0
Funding fee$0$0$0
Note rate3.130%3.130%7.240%
Blended rate3.980%5.667%7.480%
1st payment$1,930.22$1,930.22$4,906.17
2nd payment$0.00$2,080.65$0.00
Taxes / mo$324.50$324.50$324.50
Insurance / mo$216.67$216.67$216.67
MI / mo$318.97$318.97$143.98
HOA / mo$45.00$45.00$45.00
Total monthly$2,835.35$4,916.00$5,636.32
Cash to close$402,156$79,990$79,990