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$349,716$349,716$413,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$64,194$0
Funding fee$0$0$0
Note rate5.66%5.66%7.24%
Blended rate6.51%6.896%7.48%
1st payment$2,143.19$2,143.19$2,820.79
2nd payment$0.00$481.45$0.00
Taxes / mo$109.17$109.17$109.17
Insurance / mo$166.67$166.67$166.67
MI / mo$262.71$262.71$82.78
HOA / mo$15.00$15.00$15.00
Total monthly$2,696.72$3,178.18$3,194.40
Cash to close$110,184$45,990$45,990