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$291,106$291,106$539,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$248,804$0
Funding fee$0$0$0
Note rate2.980%2.980%7.240%
Blended rate3.830%5.636%7.480%
1st payment$1,419.55$1,419.55$3,679.48
2nd payment$0.00$1,606.86$0.00
Taxes / mo$128.75$128.75$128.75
Insurance / mo$166.67$166.67$166.67
MI / mo$239.11$239.11$107.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,954.07$3,560.93$4,082.88
Cash to close$308,794$59,990$59,990