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$82,585$82,585$405,000
Remaining term (yrs)18.218.230.0
Secondary amount$0$322,415$0
Funding fee$0$0$0
Note rate3.97%3.97%7.24%
Blended rate4.82%7.153%7.48%
1st payment$529.02$529.02$2,760.07
2nd payment$0.00$2,082.26$0.00
Taxes / mo$222.58$222.58$222.58
Insurance / mo$150.00$150.00$150.00
MI / mo$78.77$78.77$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$980.37$3,062.64$3,213.65
Cash to close$367,415$45,000$45,000