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$325,117$325,117$341,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$35,788$0
Funding fee$0$0$0
Note rate2.880%2.880%7.240%
Blended rate3.730%4.538%7.480%
1st payment$1,507.86$1,507.86$2,330.11
2nd payment$0.00$354.15$0.00
Taxes / mo$237.67$237.67$237.67
Insurance / mo$150.00$150.00$150.00
MI / mo$257.27$257.27$68.38
HOA / mo$55.00$55.00$55.00
Total monthly$2,207.79$2,561.94$2,841.16
Cash to close$54,783$18,995$37,990