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$276,686$276,686$427,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$150,814$0
Funding fee$0$0$0
Note rate3.010%3.010%7.240%
Blended rate3.860%5.321%7.480%
1st payment$1,347.11$1,347.11$2,913.40
2nd payment$0.00$1,005.42$0.00
Taxes / mo$475.00$475.00$475.00
Insurance / mo$166.67$166.67$166.67
MI / mo$226.04$226.04$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,214.82$3,220.24$3,640.57
Cash to close$198,314$47,500$47,500