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$266,909$266,909$652,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$385,591$0
Funding fee$0$0$0
Note rate2.840%2.840%7.240%
Blended rate3.690%6.089%7.480%
1st payment$1,237.96$1,237.96$4,446.78
2nd payment$0.00$2,490.27$0.00
Taxes / mo$417.33$417.33$417.33
Insurance / mo$216.67$216.67$216.67
MI / mo$212.31$212.31$130.50
HOA / mo$61.00$61.00$61.00
Total monthly$2,145.27$4,635.54$5,272.28
Cash to close$458,091$72,500$72,500