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$205,037$205,037$292,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$87,463$0
Funding fee$0$0$0
Note rate3.090%3.090%7.240%
Blended rate3.940%5.453%7.480%
1st payment$975.49$975.49$1,993.38
2nd payment$0.00$655.97$0.00
Taxes / mo$189.08$189.08$189.08
Insurance / mo$150.00$150.00$150.00
MI / mo$162.02$162.02$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,476.59$2,132.56$2,390.97
Cash to close$119,963$32,500$32,500