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$290,111$290,111$378,000
Remaining term (yrs)24.324.330.0
Secondary amount$0$87,889$0
Funding fee$0$0$0
Note rate2.670%2.670%7.240%
Blended rate3.520%4.794%7.480%
1st payment$1,348.77$1,348.77$2,576.06
2nd payment$0.00$659.17$0.00
Taxes / mo$120.33$120.33$120.33
Insurance / mo$150.00$150.00$150.00
MI / mo$236.47$236.47$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,855.58$2,514.75$2,922.00
Cash to close$129,889$42,000$42,000