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$445,781$445,781$463,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$43,469$0
Funding fee$0$0$0
Note rate3.220%3.220%7.240%
Blended rate4.070%4.763%7.480%
1st payment$2,146.76$2,146.76$3,158.74
2nd payment$0.00$430.16$0.00
Taxes / mo$251.17$251.17$251.17
Insurance / mo$166.67$166.67$166.67
MI / mo$350.73$350.73$92.70
HOA / mo$73.00$73.00$73.00
Total monthly$2,988.32$3,418.48$3,742.28
Cash to close$69,219$25,750$51,500