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$328,282$328,282$381,600
Remaining term (yrs)25.625.630.0
Secondary amount$0$53,318$0
Funding fee$0$0$0
Note rate4.72%4.72%7.24%
Blended rate5.57%6.049%7.48%
1st payment$1,840.60$1,840.60$2,600.60
2nd payment$0.00$399.89$0.00
Taxes / mo$288.33$288.33$288.33
Insurance / mo$150.00$150.00$150.00
MI / mo$250.80$250.80$76.32
HOA / mo$25.00$25.00$25.00
Total monthly$2,554.74$2,954.62$3,140.25
Cash to close$95,718$42,400$42,400