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$328,725$328,725$567,000
Remaining term (yrs)23.223.230.0
Secondary amount$0$238,275$0
Funding fee$0$0$0
Note rate3.64%3.64%7.24%
Blended rate4.49%5.86%7.48%
1st payment$1,744.00$1,744.00$3,864.09
2nd payment$0.00$1,538.86$0.00
Taxes / mo$240.33$240.33$240.33
Insurance / mo$166.67$166.67$166.67
MI / mo$270.38$270.38$113.40
HOA / mo$112.00$112.00$112.00
Total monthly$2,533.37$4,072.24$4,496.49
Cash to close$301,275$63,000$63,000