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$263,238$263,238$447,300
Remaining term (yrs)23.323.330.0
Secondary amount$0$184,062$0
Funding fee$0$0$0
Note rate3.6%3.6%7.24%
Blended rate4.45%5.911%7.48%
1st payment$1,387.80$1,387.80$3,048.34
2nd payment$0.00$1,227.08$0.00
Taxes / mo$139.58$139.58$139.58
Insurance / mo$166.67$166.67$166.67
MI / mo$216.22$216.22$89.46
HOA / mo$8.33$8.33$8.33
Total monthly$1,918.60$3,145.68$3,452.38
Cash to close$233,762$49,700$49,700