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$199,882$199,882$252,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$52,118$0
Funding fee$0$0$0
Note rate2.88%2.88%7.24%
Blended rate3.73%4.82%7.48%
1st payment$937.57$937.57$1,717.38
2nd payment$0.00$390.89$0.00
Taxes / mo$113.17$113.17$113.17
Insurance / mo$150.00$150.00$150.00
MI / mo$159.97$159.97$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,360.70$1,751.59$2,030.94
Cash to close$80,118$28,000$28,000