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$238,682$238,682$312,750
Remaining term (yrs)25.325.330.0
Secondary amount$0$74,068$0
Funding fee$0$0$0
Note rate3.220%3.220%7.240%
Blended rate4.070%5.238%7.480%
1st payment$1,146.99$1,146.99$2,131.39
2nd payment$0.00$555.51$0.00
Taxes / mo$158.33$158.33$158.33
Insurance / mo$150.00$150.00$150.00
MI / mo$187.39$187.39$62.55
HOA / mo$53.33$53.33$53.33
Total monthly$1,696.04$2,251.55$2,555.60
Cash to close$108,818$34,750$34,750