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$280,695$280,695$377,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$96,405$0
Funding fee$0$0$0
Note rate3.450%3.450%7.240%
Blended rate4.300%5.502%7.480%
1st payment$1,388.99$1,388.99$2,569.93
2nd payment$0.00$723.03$0.00
Taxes / mo$199.75$199.75$199.75
Insurance / mo$150.00$150.00$150.00
MI / mo$220.47$220.47$75.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,959.21$2,682.25$2,995.10
Cash to close$138,305$41,900$41,900