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$371,166$371,166$719,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$348,744$0
Funding fee$0$0$0
Note rate3.07%3.07%7.24%
Blended rate3.92%5.775%7.48%
1st payment$1,831.54$1,831.54$4,906.17
2nd payment$0.00$2,252.31$0.00
Taxes / mo$290.92$290.92$290.92
Insurance / mo$216.67$216.67$216.67
MI / mo$304.98$304.98$143.98
HOA / mo$45.00$45.00$45.00
Total monthly$2,689.10$4,941.41$5,602.74
Cash to close$428,734$79,990$79,990