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$310,111$310,111$337,410
Remaining term (yrs)25.325.330.0
Secondary amount$0$27,299$0
Funding fee$0$0$0
Note rate3.69%3.69%7.24%
Blended rate4.54%4.901%7.48%
1st payment$1,568.46$1,568.46$2,299.44
2nd payment$0.00$204.74$0.00
Taxes / mo$175.33$175.33$175.33
Insurance / mo$150.00$150.00$150.00
MI / mo$241.67$241.67$67.48
HOA / mo$700.00$700.00$700.00
Total monthly$2,835.47$3,040.21$3,392.26
Cash to close$64,789$37,490$37,490