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$276,055$276,055$328,410
Remaining term (yrs)25.625.630.0
Secondary amount$0$52,355$0
Funding fee$0$0$0
Note rate4.72%4.72%7.24%
Blended rate5.57%6.117%7.48%
1st payment$1,547.78$1,547.78$2,238.11
2nd payment$0.00$392.66$0.00
Taxes / mo$228.33$228.33$228.33
Insurance / mo$150.00$150.00$150.00
MI / mo$210.90$210.90$65.68
HOA / mo$25.00$25.00$25.00
Total monthly$2,162.01$2,554.68$2,707.12
Cash to close$88,845$36,490$36,490