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$243,668$243,668$340,200
Remaining term (yrs)25.325.330.0
Secondary amount$0$96,532$0
Funding fee$0$0$0
Note rate3.560%3.560%7.240%
Blended rate4.410%5.712%7.480%
1st payment$1,215.24$1,215.24$2,318.46
2nd payment$0.00$723.99$0.00
Taxes / mo$151.92$151.92$151.92
Insurance / mo$150.00$150.00$150.00
MI / mo$190.27$190.27$68.04
HOA / mo$0.00$0.00$0.00
Total monthly$1,707.43$2,431.42$2,688.41
Cash to close$134,332$37,800$37,800