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$229,697$229,697$283,410
Remaining term (yrs)25.325.330.0
Secondary amount$0$53,713$0
Funding fee$0$0$0
Note rate3.55%3.55%7.24%
Blended rate4.4%5.272%7.48%
1st payment$1,144.32$1,144.32$1,931.43
2nd payment$0.00$402.85$0.00
Taxes / mo$77.08$77.08$77.08
Insurance / mo$150.00$150.00$150.00
MI / mo$179.39$179.39$56.68
HOA / mo$18.00$18.00$18.00
Total monthly$1,568.79$1,971.64$2,233.20
Cash to close$85,203$31,490$31,490