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$248,153$248,153$289,350
Remaining term (yrs)24.924.930.0
Secondary amount$0$41,197$0
Funding fee$0$0$0
Note rate2.860%2.860%7.240%
Blended rate3.710%4.463%7.480%
1st payment$1,158.78$1,158.78$1,971.91
2nd payment$0.00$308.98$0.00
Taxes / mo$117.58$117.58$117.58
Insurance / mo$150.00$150.00$150.00
MI / mo$198.22$198.22$57.87
HOA / mo$0.00$0.00$0.00
Total monthly$1,624.58$1,933.56$2,297.37
Cash to close$73,347$32,150$32,150