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$264,565$264,565$449,100
Remaining term (yrs)23.023.030.0
Secondary amount$0$184,535$0
Funding fee$0$0$0
Note rate3.640%3.640%7.240%
Blended rate4.490%5.932%7.480%
1st payment$1,413.27$1,413.27$3,060.61
2nd payment$0.00$1,230.24$0.00
Taxes / mo$206.83$206.83$206.83
Insurance / mo$166.67$166.67$166.67
MI / mo$219.10$219.10$89.82
HOA / mo$20.83$20.83$20.83
Total monthly$2,026.70$3,256.94$3,544.76
Cash to close$234,435$49,900$49,900