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$355,293$355,293$373,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$38,957$0
Funding fee$0$0$0
Note rate5.13%5.13%7.24%
Blended rate5.98%6.563%7.48%
1st payment$2,064.32$2,064.32$2,545.40
2nd payment$0.00$385.51$0.00
Taxes / mo$286.75$286.75$286.75
Insurance / mo$150.00$150.00$150.00
MI / mo$268.40$268.40$74.70
HOA / mo$40.00$40.00$40.00
Total monthly$2,809.47$3,194.98$3,096.85
Cash to close$59,707$20,750$41,500