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$30,323$30,323$391,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$361,177$0
Funding fee$0$0$0
Note rate3.1%3.1%7.24%
Blended rate3.95%7.456%7.48%
1st payment$152.28$152.28$2,668.07
2nd payment$0.00$2,332.60$0.00
Taxes / mo$125.08$125.08$125.08
Insurance / mo$150.00$150.00$150.00
MI / mo$24.21$24.21$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$451.57$2,784.17$3,021.45
Cash to close$404,677$43,500$43,500