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$251,242$251,242$287,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$35,858$0
Funding fee$0$0$0
Note rate3.92%3.92%7.24%
Blended rate4.77%5.298%7.48%
1st payment$1,299.90$1,299.90$1,956.58
2nd payment$0.00$268.94$0.00
Taxes / mo$150.08$150.08$150.08
Insurance / mo$150.00$150.00$150.00
MI / mo$194.74$194.74$57.42
HOA / mo$279.00$279.00$279.00
Total monthly$2,073.72$2,342.66$2,593.08
Cash to close$67,758$31,900$31,900