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$206,363$206,363$254,430
Remaining term (yrs)24.424.430.0
Secondary amount$0$48,067$0
Funding fee$0$0$0
Note rate2.810%2.810%7.240%
Blended rate3.660%4.669%7.480%
1st payment$969.54$969.54$1,733.94
2nd payment$0.00$360.50$0.00
Taxes / mo$155.75$155.75$155.75
Insurance / mo$150.00$150.00$150.00
MI / mo$166.92$166.92$50.89
HOA / mo$0.00$0.00$0.00
Total monthly$1,442.21$1,802.71$2,090.57
Cash to close$76,337$28,270$28,270