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$281,537$281,537$895,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$613,963$0
Funding fee$0$0$0
Note rate3.45%3.45%7.24%
Blended rate4.3%6.665%7.48%
1st payment$1,387.43$1,387.43$6,102.82
2nd payment$0.00$3,965.18$0.00
Taxes / mo$414.58$414.58$414.58
Insurance / mo$216.67$216.67$216.67
MI / mo$220.22$220.22$179.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,238.90$6,204.08$6,913.17
Cash to close$713,463$99,500$99,500