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$359,068$359,068$539,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$180,842$0
Funding fee$0$0$0
Note rate2.710%2.710%7.240%
Blended rate3.560%5.047%7.480%
1st payment$1,684.80$1,684.80$3,679.48
2nd payment$0.00$1,205.61$0.00
Taxes / mo$207.67$207.67$207.67
Insurance / mo$166.67$166.67$166.67
MI / mo$293.85$293.85$107.98
HOA / mo$96.00$96.00$96.00
Total monthly$2,448.98$3,654.59$4,257.79
Cash to close$240,832$59,990$59,990