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$353,711$353,711$396,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$42,289$0
Funding fee$0$0$0
Note rate5.250%5.250%7.240%
Blended rate6.100%6.410%7.480%
1st payment$2,093.05$2,093.05$2,698.73
2nd payment$0.00$317.17$0.00
Taxes / mo$484.83$484.83$484.83
Insurance / mo$150.00$150.00$150.00
MI / mo$268.48$268.48$79.20
HOA / mo$0.00$0.00$0.00
Total monthly$2,996.36$3,313.53$3,412.77
Cash to close$86,289$44,000$44,000