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$244,515$244,515$332,010
Remaining term (yrs)25.325.330.0
Secondary amount$0$87,495$0
Funding fee$0$0$0
Note rate3.45%3.45%7.24%
Blended rate4.3%5.539%7.48%
1st payment$1,204.98$1,204.98$2,262.64
2nd payment$0.00$656.21$0.00
Taxes / mo$66.75$66.75$66.75
Insurance / mo$150.00$150.00$150.00
MI / mo$191.26$191.26$66.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,613.00$2,269.21$2,545.79
Cash to close$124,385$36,890$36,890