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$213,762$213,762$413,910
Remaining term (yrs)22.322.330.0
Secondary amount$0$200,148$0
Funding fee$0$0$0
Note rate3.125%3.125%7.24%
Blended rate3.975%5.8%7.48%
1st payment$1,106.22$1,106.22$2,820.79
2nd payment$0.00$1,292.62$0.00
Taxes / mo$282.58$282.58$282.58
Insurance / mo$166.67$166.67$166.67
MI / mo$182.92$182.92$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,738.39$3,031.01$3,352.82
Cash to close$246,138$45,990$45,990