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$19,447$19,447$423,000
Remaining term (yrs)2.72.730.0
Secondary amount$0$403,553$0
Funding fee$0$0$0
Note rate3.320%3.320%7.240%
Blended rate4.170%7.585%7.480%
1st payment$617.41$617.41$2,882.74
2nd payment$0.00$2,606.28$0.00
Taxes / mo$199.25$199.25$199.25
Insurance / mo$166.67$166.67$166.67
MI / mo$61.94$61.94$84.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,045.27$3,651.55$3,333.25
Cash to close$450,553$47,000$47,000