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$295,349$295,349$324,000
Remaining term (yrs)25.325.330.0
Secondary amount$0$28,651$0
Funding fee$0$0$0
Note rate3.560%3.560%7.240%
Blended rate4.410%4.816%7.480%
1st payment$1,472.98$1,472.98$2,208.05
2nd payment$0.00$214.88$0.00
Taxes / mo$223.42$223.42$223.42
Insurance / mo$150.00$150.00$150.00
MI / mo$230.63$230.63$64.80
HOA / mo$140.00$140.00$140.00
Total monthly$2,217.03$2,431.91$2,786.27
Cash to close$64,651$36,000$36,000