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$392,575$392,575$395,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$25,330$0
Funding fee$0$0$0
Note rate5.220%5.220%7.240%
Blended rate6.070%6.422%7.480%
1st payment$2,301.91$2,301.91$2,698.12
2nd payment$0.00$250.66$0.00
Taxes / mo$38.33$38.33$38.33
Insurance / mo$150.00$150.00$150.00
MI / mo$296.27$296.27$79.18
HOA / mo$45.00$45.00$45.00
Total monthly$2,831.52$3,082.18$3,010.63
Cash to close$47,325$21,995$43,990