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$263,571$263,571$562,500
Remaining term (yrs)19.219.230.0
Secondary amount$0$298,929$0
Funding fee$0$0$0
Note rate2.65%2.65%7.24%
Blended rate3.5%5.759%7.48%
1st payment$1,453.08$1,453.08$3,833.43
2nd payment$0.00$1,930.58$0.00
Taxes / mo$287.00$287.00$287.00
Insurance / mo$166.67$166.67$166.67
MI / mo$225.61$225.61$112.50
HOA / mo$38.00$38.00$38.00
Total monthly$2,170.36$4,100.94$4,437.59
Cash to close$361,429$62,500$62,500