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$223,793$223,793$449,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$226,117$0
Funding fee$0$0$0
Note rate3.76%3.76%7.24%
Blended rate4.61%6.188%7.48%
1st payment$1,138.21$1,138.21$3,066.13
2nd payment$0.00$1,460.34$0.00
Taxes / mo$73.50$73.50$73.50
Insurance / mo$166.67$166.67$166.67
MI / mo$173.88$173.88$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,552.25$3,012.59$3,396.28
Cash to close$276,107$49,990$49,990