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$309,638$309,638$476,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$167,272$0
Funding fee$0$0$0
Note rate4.17%4.17%7.24%
Blended rate5.02%6.065%7.48%
1st payment$1,642.07$1,642.07$3,250.13
2nd payment$0.00$1,115.15$0.00
Taxes / mo$157.92$157.92$157.92
Insurance / mo$166.67$166.67$166.67
MI / mo$238.71$238.71$95.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,205.36$3,320.51$3,670.10
Cash to close$220,262$52,990$52,990