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$334,772$334,772$799,200
Remaining term (yrs)20.720.730.0
Secondary amount$0$464,428$0
Funding fee$0$0$0
Note rate3.96%3.96%7.24%
Blended rate4.81%6.518%7.48%
1st payment$1,968.66$1,968.66$5,446.53
2nd payment$0.00$2,999.43$0.00
Taxes / mo$377.17$377.17$377.17
Insurance / mo$216.67$216.67$216.67
MI / mo$293.50$293.50$159.84
HOA / mo$50.00$50.00$50.00
Total monthly$2,905.99$5,905.42$6,250.21
Cash to close$553,228$88,800$88,800