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$327,015$327,015$422,910
Remaining term (yrs)19.519.530.0
Secondary amount$0$95,895$0
Funding fee$0$0$0
Note rate3.800%3.800%7.240%
Blended rate4.650%5.636%7.480%
1st payment$1,975.06$1,975.06$2,882.12
2nd payment$0.00$719.21$0.00
Taxes / mo$293.25$293.25$293.25
Insurance / mo$166.67$166.67$166.67
MI / mo$300.24$300.24$84.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,735.22$3,454.44$3,426.62
Cash to close$142,885$46,990$46,990