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$240,069$240,069$311,310
Remaining term (yrs)25.325.330.0
Secondary amount$0$71,241$0
Funding fee$0$0$0
Note rate3.450%3.450%7.240%
Blended rate4.300%5.376%7.480%
1st payment$1,183.07$1,183.07$2,121.57
2nd payment$0.00$534.31$0.00
Taxes / mo$92.50$92.50$92.50
Insurance / mo$150.00$150.00$150.00
MI / mo$187.79$187.79$62.26
HOA / mo$0.00$0.00$0.00
Total monthly$1,613.36$2,147.67$2,426.33
Cash to close$105,831$34,590$34,590