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$222,401$222,401$328,499
Remaining term (yrs)22.322.330.0
Secondary amount$0$106,098$0
Funding fee$0$0$0
Note rate4.87%4.87%7.24%
Blended rate5.72%6.456%7.48%
1st payment$1,360.11$1,360.11$2,238.72
2nd payment$0.00$707.32$0.00
Taxes / mo$41.00$41.00$41.00
Insurance / mo$150.00$150.00$150.00
MI / mo$182.15$182.15$65.70
HOA / mo$255.00$255.00$255.00
Total monthly$1,988.26$2,695.58$2,750.42
Cash to close$142,598$36,500$36,500