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$311,024$311,024$504,000
Remaining term (yrs)21.921.930.0
Secondary amount$0$192,976$0
Funding fee$0$0$0
Note rate4.53%4.53%7.24%
Blended rate5.38%6.383%7.48%
1st payment$1,863.16$1,863.16$3,434.75
2nd payment$0.00$1,286.51$0.00
Taxes / mo$313.42$313.42$313.42
Insurance / mo$166.67$166.67$166.67
MI / mo$259.55$259.55$100.80
HOA / mo$75.00$75.00$75.00
Total monthly$2,677.79$3,964.30$4,090.63
Cash to close$248,976$56,000$56,000