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$319,740$319,740$337,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$36,510$0
Funding fee$0$0$0
Note rate5.000%5.000%7.240%
Blended rate5.850%6.467%7.480%
1st payment$1,844.84$1,844.84$2,300.06
2nd payment$0.00$361.30$0.00
Taxes / mo$229.58$229.58$229.58
Insurance / mo$150.00$150.00$150.00
MI / mo$243.43$243.43$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,467.85$2,829.15$2,747.14
Cash to close$55,260$18,750$37,500