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$259,504$259,504$386,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$127,406$0
Funding fee$0$0$0
Note rate3.070%3.070%7.240%
Blended rate3.920%5.264%7.480%
1st payment$1,231.90$1,231.90$2,636.78
2nd payment$0.00$849.37$0.00
Taxes / mo$383.50$383.50$383.50
Insurance / mo$150.00$150.00$150.00
MI / mo$205.13$205.13$77.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,970.53$2,819.90$3,247.67
Cash to close$170,396$42,990$42,990