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$225,076$225,076$341,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$116,834$0
Funding fee$0$0$0
Note rate3.56%3.56%7.24%
Blended rate4.41%5.637%7.48%
1st payment$1,124.79$1,124.79$2,330.11
2nd payment$0.00$778.89$0.00
Taxes / mo$126.92$126.92$126.92
Insurance / mo$150.00$150.00$150.00
MI / mo$176.11$176.11$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,577.81$2,356.71$2,675.41
Cash to close$154,824$37,990$37,990