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$305,556$305,556$365,310
Remaining term (yrs)25.025.030.0
Secondary amount$0$59,754$0
Funding fee$0$0$0
Note rate2.88%2.88%7.24%
Blended rate3.73%4.592%7.48%
1st payment$1,426.74$1,426.74$2,489.58
2nd payment$0.00$448.15$0.00
Taxes / mo$226.33$226.33$226.33
Insurance / mo$150.00$150.00$150.00
MI / mo$243.43$243.43$73.06
HOA / mo$35.33$35.33$35.33
Total monthly$2,081.83$2,529.98$2,974.31
Cash to close$100,344$40,590$40,590