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$342,248$342,248$540,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$197,752$0
Funding fee$0$0$0
Note rate5.090%5.090%7.240%
Blended rate5.940%6.694%7.480%
1st payment$1,986.57$1,986.57$3,680.09
2nd payment$0.00$1,318.35$0.00
Taxes / mo$150.17$150.17$150.17
Insurance / mo$166.67$166.67$166.67
MI / mo$259.46$259.46$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,562.87$3,881.22$4,104.92
Cash to close$257,752$60,000$60,000