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$315,533$315,533$350,910
Remaining term (yrs)29.429.430.0
Secondary amount$0$35,377$0
Funding fee$0$0$0
Note rate5.980%5.980%7.240%
Blended rate6.530%6.779%7.480%
1st payment$1,899.25$1,899.25$2,391.45
2nd payment$0.00$265.33$0.00
Taxes / mo$177.42$177.42$177.42
Insurance / mo$150.00$150.00$150.00
MI / mo$145.50$145.50$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,372.17$2,637.50$2,789.04
Cash to close$74,367$38,990$38,990