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$275,131$275,131$674,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$399,779$0
Funding fee$0$0$0
Note rate2.97%2.97%7.24%
Blended rate3.82%6.148%7.48%
1st payment$1,318.33$1,318.33$4,599.50
2nd payment$0.00$2,581.91$0.00
Taxes / mo$131.92$131.92$131.92
Insurance / mo$216.67$216.67$216.67
MI / mo$222.34$222.34$134.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,889.26$4,471.17$5,083.06
Cash to close$474,769$74,990$74,990