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$231,198$231,198$319,410
Remaining term (yrs)23.323.330.0
Secondary amount$0$88,212$0
Funding fee$0$0$0
Note rate3.290%3.290%7.240%
Blended rate4.140%5.482%7.480%
1st payment$1,181.08$1,181.08$2,176.77
2nd payment$0.00$661.59$0.00
Taxes / mo$191.08$191.08$191.08
Insurance / mo$150.00$150.00$150.00
MI / mo$191.26$191.26$63.88
HOA / mo$195.00$195.00$195.00
Total monthly$1,908.42$2,570.01$2,776.74
Cash to close$123,702$35,490$35,490