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$356,406$356,406$593,910
Remaining term (yrs)21.921.930.0
Secondary amount$0$237,504$0
Funding fee$0$0$0
Note rate4.59%4.59%7.24%
Blended rate5.44%6.364%7.48%
1st payment$2,146.83$2,146.83$4,047.49
2nd payment$0.00$1,533.88$0.00
Taxes / mo$443.17$443.17$443.17
Insurance / mo$166.67$166.67$166.67
MI / mo$296.98$296.98$118.78
HOA / mo$50.00$50.00$50.00
Total monthly$3,103.65$4,637.53$4,826.10
Cash to close$303,494$65,990$65,990