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$328,594$328,594$526,410
Remaining term (yrs)23.723.730.0
Secondary amount$0$197,816$0
Funding fee$0$0$0
Note rate3.21%3.21%7.24%
Blended rate4.06%5.541%7.48%
1st payment$1,645.39$1,645.39$3,587.47
2nd payment$0.00$1,318.77$0.00
Taxes / mo$291.33$291.33$291.33
Insurance / mo$166.67$166.67$166.67
MI / mo$269.16$269.16$105.28
HOA / mo$0.00$0.00$0.00
Total monthly$2,372.54$3,691.32$4,150.76
Cash to close$256,306$58,490$58,490