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$281,373$281,373$449,991
Remaining term (yrs)24.924.930.0
Secondary amount$0$168,618$0
Funding fee$0$0$0
Note rate2.870%2.870%7.240%
Blended rate3.720%5.324%7.480%
1st payment$1,315.35$1,315.35$3,066.68
2nd payment$0.00$1,124.12$0.00
Taxes / mo$323.92$323.92$323.92
Insurance / mo$166.67$166.67$166.67
MI / mo$224.71$224.71$90.00
HOA / mo$45.00$45.00$45.00
Total monthly$2,075.65$3,199.77$3,692.26
Cash to close$218,617$49,999$49,999