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$286,496$286,496$297,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$27,004$0
Funding fee$0$0$0
Note rate3.92%3.92%7.24%
Blended rate4.77%5.382%7.48%
1st payment$1,485.13$1,485.13$2,024.05
2nd payment$0.00$267.23$0.00
Taxes / mo$220.25$220.25$220.25
Insurance / mo$150.00$150.00$150.00
MI / mo$222.49$222.49$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,077.88$2,345.11$2,453.70
Cash to close$43,504$16,500$33,000