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$228,011$228,011$355,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$127,489$0
Funding fee$0$0$0
Note rate3.730%3.730%7.240%
Blended rate4.580%5.806%7.480%
1st payment$1,220.65$1,220.65$2,422.73
2nd payment$0.00$849.92$0.00
Taxes / mo$259.92$259.92$259.92
Insurance / mo$150.00$150.00$150.00
MI / mo$187.16$187.16$71.10
HOA / mo$30.00$30.00$30.00
Total monthly$1,847.72$2,697.64$2,933.74
Cash to close$166,989$39,500$39,500