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$248,544$248,544$607,410
Remaining term (yrs)20.320.330.0
Secondary amount$0$358,866$0
Funding fee$0$0$0
Note rate4.200%4.200%7.240%
Blended rate5.050%6.645%7.480%
1st payment$1,512.50$1,512.50$4,139.49
2nd payment$0.00$2,317.68$0.00
Taxes / mo$317.50$317.50$317.50
Insurance / mo$166.67$166.67$166.67
MI / mo$219.08$219.08$121.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,215.75$4,533.43$4,745.14
Cash to close$426,356$67,490$67,490