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$353,176$353,176$611,910
Remaining term (yrs)28.528.530.0
Secondary amount$0$258,734$0
Funding fee$0$0$0
Note rate6.65%6.65%7.24%
Blended rate7.2%7.433%7.48%
1st payment$2,303.21$2,303.21$4,170.16
2nd payment$0.00$1,670.99$0.00
Taxes / mo$123.75$123.75$123.75
Insurance / mo$166.67$166.67$166.67
MI / mo$164.44$164.44$122.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,758.06$4,429.06$4,582.95
Cash to close$326,724$67,990$67,990