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$14,847$14,847$269,910
Remaining term (yrs)20.520.530.0
Secondary amount$0$255,063$0
Funding fee$0$0$0
Note rate2.730%2.730%7.240%
Blended rate3.580%7.521%7.480%
1st payment$78.64$78.64$1,839.43
2nd payment$0.00$1,647.28$0.00
Taxes / mo$155.50$155.50$155.50
Insurance / mo$150.00$150.00$150.00
MI / mo$12.43$12.43$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$396.57$2,043.85$2,198.91
Cash to close$285,053$29,990$29,990