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$251,215$251,215$449,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$198,695$0
Funding fee$0$0$0
Note rate2.81%2.81%7.24%
Blended rate3.66%5.577%7.48%
1st payment$1,169.31$1,169.31$3,066.13
2nd payment$0.00$1,324.63$0.00
Taxes / mo$255.25$255.25$255.25
Insurance / mo$166.67$166.67$166.67
MI / mo$201.31$201.31$89.98
HOA / mo$30.00$30.00$30.00
Total monthly$1,822.54$3,147.17$3,608.03
Cash to close$248,685$49,990$49,990