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$299,001$299,001$449,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$150,909$0
Funding fee$0$0$0
Note rate3.550%3.550%7.240%
Blended rate4.400%5.608%7.480%
1st payment$1,489.58$1,489.58$3,066.13
2nd payment$0.00$1,006.06$0.00
Taxes / mo$96.42$96.42$96.42
Insurance / mo$166.67$166.67$166.67
MI / mo$233.52$233.52$89.98
HOA / mo$10.00$10.00$10.00
Total monthly$1,996.18$3,002.24$3,429.19
Cash to close$200,899$49,990$49,990