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$443,156$443,156$539,999
Remaining term (yrs)24.324.330.0
Secondary amount$0$96,843$0
Funding fee$0$0$0
Note rate2.670%2.670%7.240%
Blended rate3.520%4.503%7.480%
1st payment$2,065.31$2,065.31$3,680.08
2nd payment$0.00$726.32$0.00
Taxes / mo$470.08$470.08$470.08
Insurance / mo$166.67$166.67$166.67
MI / mo$362.10$362.10$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,064.16$3,790.48$4,424.83
Cash to close$156,843$60,000$60,000