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$268,393$268,393$301,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$33,107$0
Funding fee$0$0$0
Note rate2.630%2.630%7.240%
Blended rate3.480%4.086%7.480%
1st payment$1,204.77$1,204.77$2,054.72
2nd payment$0.00$248.30$0.00
Taxes / mo$150.83$150.83$150.83
Insurance / mo$150.00$150.00$150.00
MI / mo$212.33$212.33$60.30
HOA / mo$210.00$210.00$210.00
Total monthly$1,927.93$2,176.24$2,625.85
Cash to close$66,607$33,500$33,500