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$232,282$232,282$377,100
Remaining term (yrs)23.023.030.0
Secondary amount$0$144,818$0
Funding fee$0$0$0
Note rate3.73%3.73%7.24%
Blended rate4.58%5.893%7.48%
1st payment$1,251.97$1,251.97$2,569.93
2nd payment$0.00$965.45$0.00
Taxes / mo$154.08$154.08$154.08
Insurance / mo$150.00$150.00$150.00
MI / mo$191.96$191.96$75.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,748.01$2,713.46$2,949.43
Cash to close$186,718$41,900$41,900