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$384,744$384,744$511,920
Remaining term (yrs)24.624.630.0
Secondary amount$0$127,176$0
Funding fee$0$0$0
Note rate2.97%2.97%7.24%
Blended rate3.82%4.858%7.48%
1st payment$1,835.09$1,835.09$3,488.73
2nd payment$0.00$847.84$0.00
Taxes / mo$351.25$351.25$351.25
Insurance / mo$166.67$166.67$166.67
MI / mo$309.50$309.50$102.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,662.51$3,510.35$4,109.03
Cash to close$184,056$56,880$56,880