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$240,899$240,899$292,499
Remaining term (yrs)25.725.730.0
Secondary amount$0$51,600$0
Funding fee$0$0$0
Note rate5.23%5.23%7.24%
Blended rate6.08%6.595%7.48%
1st payment$1,418.27$1,418.27$1,993.38
2nd payment$0.00$387.00$0.00
Taxes / mo$117.42$117.42$117.42
Insurance / mo$150.00$150.00$150.00
MI / mo$182.34$182.34$58.50
HOA / mo$33.33$33.33$33.33
Total monthly$1,901.36$2,288.36$2,352.62
Cash to close$84,100$32,500$32,500