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$210,598$210,598$494,910
Remaining term (yrs)19.419.430.0
Secondary amount$0$284,312$0
Funding fee$0$0$0
Note rate3.65%3.65%7.24%
Blended rate4.5%6.367%7.48%
1st payment$1,259.27$1,259.27$3,372.80
2nd payment$0.00$1,836.18$0.00
Taxes / mo$316.83$316.83$316.83
Insurance / mo$166.67$166.67$166.67
MI / mo$194.99$194.99$98.98
HOA / mo$130.00$130.00$130.00
Total monthly$2,067.75$3,903.93$4,085.28
Cash to close$339,302$54,990$54,990