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$335,562$335,562$368,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$33,348$0
Funding fee$0$0$0
Note rate4.160%4.160%7.240%
Blended rate5.010%5.371%7.480%
1st payment$1,777.68$1,777.68$2,514.11
2nd payment$0.00$250.11$0.00
Taxes / mo$254.33$254.33$254.33
Insurance / mo$150.00$150.00$150.00
MI / mo$258.73$258.73$73.78
HOA / mo$28.00$28.00$28.00
Total monthly$2,468.74$2,718.84$3,020.23
Cash to close$74,338$40,990$40,990