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$327,262$327,262$377,996
Remaining term (yrs)25.025.030.0
Secondary amount$0$50,733$0
Funding fee$0$0$0
Note rate2.86%2.86%7.24%
Blended rate3.71%4.42%7.48%
1st payment$1,524.71$1,524.71$2,576.03
2nd payment$0.00$380.50$0.00
Taxes / mo$166.50$166.50$166.50
Insurance / mo$150.00$150.00$150.00
MI / mo$260.81$260.81$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,102.03$2,482.52$2,968.13
Cash to close$92,733$42,000$42,000