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$338,459$338,459$427,770
Remaining term (yrs)25.325.330.0
Secondary amount$0$89,311$0
Funding fee$0$0$0
Note rate3.56%3.56%7.24%
Blended rate4.41%5.368%7.48%
1st payment$1,687.98$1,687.98$2,915.24
2nd payment$0.00$669.83$0.00
Taxes / mo$176.67$176.67$176.67
Insurance / mo$166.67$166.67$166.67
MI / mo$264.29$264.29$85.55
HOA / mo$189.00$189.00$189.00
Total monthly$2,484.61$3,154.44$3,533.13
Cash to close$136,841$47,530$47,530