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$391,664$391,664$692,999
Remaining term (yrs)22.222.230.0
Secondary amount$0$301,335$0
Funding fee$0$0$0
Note rate4.81%4.81%7.24%
Blended rate5.66%6.569%7.48%
1st payment$2,391.95$2,391.95$4,722.78
2nd payment$0.00$1,946.12$0.00
Taxes / mo$251.17$251.17$251.17
Insurance / mo$216.67$216.67$216.67
MI / mo$322.56$322.56$138.60
HOA / mo$0.00$0.00$0.00
Total monthly$3,182.34$5,128.47$5,329.21
Cash to close$378,335$77,000$77,000