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$207,739$207,739$268,200
Remaining term (yrs)25.225.230.0
Secondary amount$0$60,461$0
Funding fee$0$0$0
Note rate3.22%3.22%7.24%
Blended rate4.07%5.181%7.48%
1st payment$1,000.41$1,000.41$1,827.78
2nd payment$0.00$453.46$0.00
Taxes / mo$106.83$106.83$106.83
Insurance / mo$150.00$150.00$150.00
MI / mo$163.44$163.44$53.64
HOA / mo$0.00$0.00$0.00
Total monthly$1,420.69$1,874.15$2,138.25
Cash to close$90,261$29,800$29,800