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$57,772$57,772$337,500
Remaining term (yrs)16.716.730.0
Secondary amount$0$279,728$0
Funding fee$0$0$0
Note rate3.8%3.8%7.24%
Blended rate4.65%7.219%7.48%
1st payment$388.97$388.97$2,300.06
2nd payment$0.00$1,806.58$0.00
Taxes / mo$118.50$118.50$118.50
Insurance / mo$150.00$150.00$150.00
MI / mo$56.93$56.93$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$714.41$2,520.98$2,636.06
Cash to close$317,228$37,500$37,500