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$409,493$409,493$536,399
Remaining term (yrs)25.525.530.0
Secondary amount$0$126,906$0
Funding fee$0$0$0
Note rate3.850%3.850%7.240%
Blended rate4.700%5.481%7.480%
1st payment$2,098.85$2,098.85$3,655.55
2nd payment$0.00$846.04$0.00
Taxes / mo$172.08$172.08$172.08
Insurance / mo$166.67$166.67$166.67
MI / mo$317.12$317.12$107.28
HOA / mo$75.00$75.00$75.00
Total monthly$2,829.73$3,675.77$4,176.58
Cash to close$186,506$59,600$59,600