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$254,274$254,274$404,910
Remaining term (yrs)24.324.330.0
Secondary amount$0$150,636$0
Funding fee$0$0$0
Note rate2.670%2.670%7.240%
Blended rate3.520%5.187%7.480%
1st payment$1,182.16$1,182.16$2,759.45
2nd payment$0.00$1,004.24$0.00
Taxes / mo$213.50$213.50$213.50
Insurance / mo$150.00$150.00$150.00
MI / mo$207.26$207.26$80.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,752.92$2,757.16$3,203.94
Cash to close$195,626$44,990$44,990