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$242,245$242,245$386,910
Remaining term (yrs)23.023.030.0
Secondary amount$0$144,665$0
Funding fee$0$0$0
Note rate3.560%3.560%7.240%
Blended rate4.410%5.752%7.480%
1st payment$1,283.75$1,283.75$2,636.78
2nd payment$0.00$964.43$0.00
Taxes / mo$268.33$268.33$268.33
Insurance / mo$150.00$150.00$150.00
MI / mo$201.00$201.00$77.38
HOA / mo$60.00$60.00$60.00
Total monthly$1,963.09$2,927.52$3,192.50
Cash to close$187,655$42,990$42,990