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$240,967$240,967$278,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$37,133$0
Funding fee$0$0$0
Note rate3.69%3.69%7.24%
Blended rate4.54%5.136%7.48%
1st payment$1,218.75$1,218.75$1,895.25
2nd payment$0.00$278.50$0.00
Taxes / mo$79.25$79.25$79.25
Insurance / mo$150.00$150.00$150.00
MI / mo$187.79$187.79$55.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,635.79$1,914.28$2,180.12
Cash to close$68,033$30,900$30,900