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$277,056$277,056$1,345,500
Remaining term (yrs)17.517.530.0
Secondary amount$0$1,068,444$0
Funding fee$0$0$0
Note rate4.300%4.300%7.240%
Blended rate5.150%7.215%7.480%
1st payment$1,873.66$1,873.66$9,169.56
2nd payment$0.00$6,900.37$0.00
Taxes / mo$0.08$0.08$0.08
Insurance / mo$216.67$216.67$216.67
MI / mo$268.19$268.19$269.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,358.59$9,258.96$9,655.41
Cash to close$1,217,944$149,500$149,500