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$297,639$297,639$391,410
Remaining term (yrs)24.524.530.0
Secondary amount$0$93,771$0
Funding fee$0$0$0
Note rate3.05%3.05%7.24%
Blended rate3.9%5.122%7.48%
1st payment$1,435.25$1,435.25$2,667.45
2nd payment$0.00$703.28$0.00
Taxes / mo$154.75$154.75$154.75
Insurance / mo$150.00$150.00$150.00
MI / mo$239.60$239.60$78.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,979.60$2,682.88$3,050.48
Cash to close$137,261$43,490$43,490