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$289,698$289,698$301,410
Remaining term (yrs)25.425.430.0
Secondary amount$0$28,457$0
Funding fee$0$0$0
Note rate3.890%3.890%7.240%
Blended rate4.740%5.378%7.480%
1st payment$1,494.07$1,494.07$2,054.10
2nd payment$0.00$281.61$0.00
Taxes / mo$151.58$151.58$151.58
Insurance / mo$150.00$150.00$150.00
MI / mo$224.65$224.65$60.28
HOA / mo$0.00$0.00$0.00
Total monthly$2,020.31$2,301.91$2,415.97
Cash to close$45,202$16,745$33,490