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$289,727$289,727$413,910
Remaining term (yrs)18.918.930.0
Secondary amount$0$124,183$0
Funding fee$0$0$0
Note rate3.360%3.360%7.240%
Blended rate4.210%5.347%7.480%
1st payment$1,720.94$1,720.94$2,820.79
2nd payment$0.00$827.88$0.00
Taxes / mo$181.67$181.67$181.67
Insurance / mo$166.67$166.67$166.67
MI / mo$276.25$276.25$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,345.52$3,173.41$3,251.90
Cash to close$170,173$45,990$45,990