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$351,915$351,915$384,300
Remaining term (yrs)24.524.530.0
Secondary amount$0$32,385$0
Funding fee$0$0$0
Note rate3.090%3.090%7.240%
Blended rate3.940%4.366%7.480%
1st payment$1,704.31$1,704.31$2,619.00
2nd payment$0.00$242.88$0.00
Taxes / mo$254.25$254.25$254.25
Insurance / mo$150.00$150.00$150.00
MI / mo$283.07$283.07$76.86
HOA / mo$0.00$0.00$0.00
Total monthly$2,391.63$2,634.51$3,100.11
Cash to close$75,085$42,700$42,700