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$3,689$3,689$431,910
Remaining term (yrs)21.321.330.0
Secondary amount$0$428,221$0
Funding fee$0$0$0
Note rate2.990%2.990%7.240%
Blended rate3.840%7.717%7.480%
1st payment$19.46$19.46$2,943.46
2nd payment$0.00$2,765.59$0.00
Taxes / mo$136.58$136.58$136.58
Insurance / mo$166.67$166.67$166.67
MI / mo$3.06$3.06$86.38
HOA / mo$0.00$0.00$0.00
Total monthly$325.77$3,091.36$3,333.09
Cash to close$476,211$47,990$47,990