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$129,471$129,471$472,500
Remaining term (yrs)19.319.330.0
Secondary amount$0$343,029$0
Funding fee$0$0$0
Note rate2.720%2.720%7.240%
Blended rate3.570%6.605%7.480%
1st payment$715.87$715.87$3,220.08
2nd payment$0.00$2,215.40$0.00
Taxes / mo$219.75$219.75$219.75
Insurance / mo$166.67$166.67$166.67
MI / mo$110.29$110.29$94.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,212.58$3,427.97$3,701.00
Cash to close$395,529$52,500$52,500