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$104,283$104,283$391,500
Remaining term (yrs)20.520.530.0
Secondary amount$0$287,217$0
Funding fee$0$0$0
Note rate3.050%3.050%7.240%
Blended rate3.900%6.724%7.480%
1st payment$569.02$569.02$2,668.07
2nd payment$0.00$1,854.94$0.00
Taxes / mo$108.58$108.58$108.58
Insurance / mo$150.00$150.00$150.00
MI / mo$86.75$86.75$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$914.36$2,769.30$3,004.95
Cash to close$330,717$43,500$43,500