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$256,589$256,589$279,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$37,911$0
Funding fee$0$0$0
Note rate4.730%4.730%7.240%
Blended rate5.580%6.390%7.480%
1st payment$1,437.73$1,437.73$1,901.38
2nd payment$0.00$375.16$0.00
Taxes / mo$79.17$79.17$79.17
Insurance / mo$150.00$150.00$150.00
MI / mo$195.68$195.68$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,862.57$2,237.74$2,186.35
Cash to close$53,411$15,500$31,000