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$8,930$8,930$305,991
Remaining term (yrs)0.90.930.0
Secondary amount$0$297,061$0
Funding fee$0$0$0
Note rate2.89%2.89%7.24%
Blended rate3.74%7.633%7.48%
1st payment$755.87$755.87$2,085.32
2nd payment$0.00$1,918.52$0.00
Taxes / mo$139.92$139.92$139.92
Insurance / mo$150.00$150.00$150.00
MI / mo$78.13$78.13$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,123.91$3,042.43$2,436.44
Cash to close$331,060$33,999$33,999