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$40,584$40,584$989,999
Remaining term (yrs)2.32.330.0
Secondary amount$0$949,415$0
Funding fee$0$0$0
Note rate3.48%3.48%7.24%
Blended rate4.33%7.61%7.48%
1st payment$1,461.14$1,461.14$6,746.83
2nd payment$0.00$6,131.64$0.00
Taxes / mo$205.00$205.00$205.00
Insurance / mo$216.67$216.67$216.67
MI / mo$144.97$144.97$198.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,027.78$8,159.42$7,366.49
Cash to close$1,059,415$110,000$110,000