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$306,156$306,156$629,910
Remaining term (yrs)20.720.730.0
Secondary amount$0$323,754$0
Funding fee$0$0$0
Note rate3.95%3.95%7.24%
Blended rate4.8%6.316%7.48%
1st payment$1,803.41$1,803.41$4,292.82
2nd payment$0.00$2,090.91$0.00
Taxes / mo$425.25$425.25$425.25
Insurance / mo$166.67$166.67$166.67
MI / mo$269.19$269.19$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,664.52$4,755.43$5,010.72
Cash to close$393,744$69,990$69,990