Coya Beaston

(615) 969-3457

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
Current Market Conventional
New · Conventional
Loan amount$187,630$180,000
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.860%7.240%
Blended rate3.710%7.480%
1st payment$874.17$1,226.70
2nd payment$0.00$0.00
Taxes / mo$99.00$99.00
Insurance / mo$150.00$150.00
MI / mo$149.53$36.00
HOA / mo$100.00$100.00
Total monthly$1,372.70$1,611.70
Cash to close$12,370$20,000