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$290,082$290,082$575,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$285,828$0
Funding fee$0$0$0
Note rate3.05%3.05%7.24%
Blended rate3.9%5.811%7.48%
1st payment$1,398.81$1,398.81$3,924.82
2nd payment$0.00$1,845.97$0.00
Taxes / mo$337.00$337.00$337.00
Insurance / mo$166.67$166.67$166.67
MI / mo$233.52$233.52$115.18
HOA / mo$27.00$27.00$27.00
Total monthly$2,162.99$4,008.96$4,570.66
Cash to close$349,818$63,990$63,990