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$236,910$236,910$359,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$122,190$0
Funding fee$0$0$0
Note rate3.02%3.02%7.24%
Blended rate3.87%5.275%7.48%
1st payment$1,141.33$1,141.33$2,447.26
2nd payment$0.00$814.60$0.00
Taxes / mo$249.75$249.75$249.75
Insurance / mo$150.00$150.00$150.00
MI / mo$191.26$191.26$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,732.34$2,546.94$2,918.83
Cash to close$162,090$39,900$39,900