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$242,967$242,967$333,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$90,033$0
Funding fee$0$0$0
Note rate2.96%2.96%7.24%
Blended rate3.81%5.213%7.48%
1st payment$1,152.33$1,152.33$2,269.39
2nd payment$0.00$675.24$0.00
Taxes / mo$99.33$99.33$99.33
Insurance / mo$150.00$150.00$150.00
MI / mo$194.60$194.60$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,596.26$2,271.51$2,585.32
Cash to close$127,033$37,000$37,000