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$383,497$383,497$656,550
Remaining term (yrs)23.423.430.0
Secondary amount$0$273,053$0
Funding fee$0$0$0
Note rate3.49%3.49%7.24%
Blended rate4.34%5.758%7.48%
1st payment$1,994.85$1,994.85$4,474.38
2nd payment$0.00$1,763.46$0.00
Taxes / mo$246.50$246.50$246.50
Insurance / mo$216.67$216.67$216.67
MI / mo$315.06$315.06$131.31
HOA / mo$122.00$122.00$122.00
Total monthly$2,895.08$4,658.54$5,190.85
Cash to close$346,003$72,950$72,950