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$204,851$204,851$526,500
Remaining term (yrs)22.622.630.0
Secondary amount$0$321,649$0
Funding fee$0$0$0
Note rate4.140%4.140%7.240%
Blended rate4.990%6.676%7.480%
1st payment$1,162.17$1,162.17$3,588.09
2nd payment$0.00$2,077.32$0.00
Taxes / mo$284.50$284.50$284.50
Insurance / mo$166.67$166.67$166.67
MI / mo$169.55$169.55$105.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,782.89$3,860.21$4,144.55
Cash to close$380,149$58,500$58,500