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$306,176$306,176$359,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$53,734$0
Funding fee$0$0$0
Note rate3.76%3.76%7.24%
Blended rate4.61%5.265%7.48%
1st payment$1,557.21$1,557.21$2,452.78
2nd payment$0.00$403.01$0.00
Taxes / mo$233.67$233.67$233.67
Insurance / mo$150.00$150.00$150.00
MI / mo$237.88$237.88$71.98
HOA / mo$61.67$61.67$61.67
Total monthly$2,240.42$2,643.43$2,970.10
Cash to close$93,724$39,990$39,990