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$221,466$221,466$512,100
Remaining term (yrs)19.719.730.0
Secondary amount$0$290,634$0
Funding fee$0$0$0
Note rate3.580%3.580%7.240%
Blended rate4.430%6.314%7.480%
1st payment$1,304.75$1,304.75$3,489.95
2nd payment$0.00$1,877.01$0.00
Taxes / mo$309.75$309.75$309.75
Insurance / mo$166.67$166.67$166.67
MI / mo$203.78$203.78$102.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,984.95$3,861.97$4,068.79
Cash to close$347,534$56,900$56,900