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$216,964$216,964$359,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$142,136$0
Funding fee$0$0$0
Note rate3.64%3.64%7.24%
Blended rate4.49%5.879%7.48%
1st payment$1,148.47$1,148.47$2,447.26
2nd payment$0.00$947.57$0.00
Taxes / mo$272.92$272.92$272.92
Insurance / mo$150.00$150.00$150.00
MI / mo$178.05$178.05$71.82
HOA / mo$345.00$345.00$345.00
Total monthly$2,094.43$3,042.01$3,287.00
Cash to close$182,036$39,900$39,900