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$207,593$207,593$287,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$79,507$0
Funding fee$0$0$0
Note rate3.75%3.75%7.24%
Blended rate4.6%5.818%7.48%
1st payment$1,118.58$1,118.58$1,956.58
2nd payment$0.00$596.30$0.00
Taxes / mo$250.00$250.00$250.00
Insurance / mo$150.00$150.00$150.00
MI / mo$171.09$171.09$57.42
HOA / mo$170.00$170.00$170.00
Total monthly$1,859.67$2,455.97$2,584.00
Cash to close$111,407$31,900$31,900