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$262,489$262,489$323,010
Remaining term (yrs)24.424.430.0
Secondary amount$0$60,521$0
Funding fee$0$0$0
Note rate2.97%2.97%7.24%
Blended rate3.82%4.791%7.48%
1st payment$1,257.76$1,257.76$2,201.31
2nd payment$0.00$453.91$0.00
Taxes / mo$209.75$209.75$209.75
Insurance / mo$150.00$150.00$150.00
MI / mo$212.13$212.13$64.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,829.64$2,283.54$2,625.66
Cash to close$96,411$35,890$35,890