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$123,324$123,324$369,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$245,676$0
Funding fee$0$0$0
Note rate2.72%2.72%7.24%
Blended rate3.57%6.353%7.48%
1st payment$579.28$579.28$2,514.73
2nd payment$0.00$1,586.66$0.00
Taxes / mo$251.67$251.67$251.67
Insurance / mo$150.00$150.00$150.00
MI / mo$100.90$100.90$73.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,081.85$2,668.51$2,990.19
Cash to close$286,676$41,000$41,000