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$242,484$242,484$260,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$32,066$0
Funding fee$0$0$0
Note rate3.850%3.850%7.240%
Blended rate4.700%5.538%7.480%
1st payment$1,242.85$1,242.85$1,772.58
2nd payment$0.00$317.31$0.00
Taxes / mo$170.67$170.67$170.67
Insurance / mo$150.00$150.00$150.00
MI / mo$187.79$187.79$52.02
HOA / mo$325.00$325.00$325.00
Total monthly$2,076.31$2,393.62$2,470.26
Cash to close$46,516$14,450$28,900