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$396,132$396,132$562,410
Remaining term (yrs)23.823.830.0
Secondary amount$0$166,278$0
Funding fee$0$0$0
Note rate3.000%3.000%7.240%
Blended rate3.850%5.077%7.480%
1st payment$1,935.78$1,935.78$3,832.81
2nd payment$0.00$1,108.52$0.00
Taxes / mo$201.67$201.67$201.67
Insurance / mo$166.67$166.67$166.67
MI / mo$325.23$325.23$112.48
HOA / mo$25.00$25.00$25.00
Total monthly$2,654.34$3,762.86$4,338.63
Cash to close$228,768$62,490$62,490