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$344,331$344,331$432,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$87,669$0
Funding fee$0$0$0
Note rate5.3%5.3%7.24%
Blended rate6.15%6.728%7.48%
1st payment$2,044.67$2,044.67$2,944.07
2nd payment$0.00$657.52$0.00
Taxes / mo$132.83$132.83$132.83
Insurance / mo$166.67$166.67$166.67
MI / mo$260.81$260.81$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,604.98$3,262.50$3,329.97
Cash to close$135,669$48,000$48,000