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$250,308$250,308$473,202
Remaining term (yrs)24.224.230.0
Secondary amount$0$222,894$0
Funding fee$0$0$0
Note rate2.700%2.700%7.240%
Blended rate3.550%5.528%7.480%
1st payment$1,173.21$1,173.21$3,224.86
2nd payment$0.00$1,439.52$0.00
Taxes / mo$228.75$228.75$228.75
Insurance / mo$166.67$166.67$166.67
MI / mo$204.89$204.89$94.64
HOA / mo$20.83$20.83$20.83
Total monthly$1,794.34$3,233.87$3,735.75
Cash to close$275,472$52,578$52,578