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$364,319$364,319$413,910
Remaining term (yrs)26.226.230.0
Secondary amount$0$49,591$0
Funding fee$0$0$0
Note rate6.260%6.260%7.240%
Blended rate6.810%7.072%7.480%
1st payment$2,358.50$2,358.50$2,820.79
2nd payment$0.00$371.93$0.00
Taxes / mo$125.17$125.17$125.17
Insurance / mo$166.67$166.67$166.67
MI / mo$168.82$168.82$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,819.15$3,191.09$3,195.40
Cash to close$95,581$45,990$45,990