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$9,579$9,579$332,550
Remaining term (yrs)1.21.230.0
Secondary amount$0$322,971$0
Funding fee$0$0$0
Note rate2.65%2.65%7.24%
Blended rate3.5%7.628%7.48%
1st payment$609.97$609.97$2,266.32
2nd payment$0.00$2,085.86$0.00
Taxes / mo$180.92$180.92$180.92
Insurance / mo$150.00$150.00$150.00
MI / mo$64.12$64.12$66.51
HOA / mo$0.00$0.00$0.00
Total monthly$1,005.00$3,090.86$2,663.75
Cash to close$359,921$36,950$36,950