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$264,689$264,689$305,910
Remaining term (yrs)24.924.930.0
Secondary amount$0$41,221$0
Funding fee$0$0$0
Note rate2.770%2.770%7.240%
Blended rate3.620%4.345%7.480%
1st payment$1,220.93$1,220.93$2,084.77
2nd payment$0.00$309.16$0.00
Taxes / mo$179.67$179.67$179.67
Insurance / mo$150.00$150.00$150.00
MI / mo$211.29$211.29$61.18
HOA / mo$210.00$210.00$210.00
Total monthly$1,971.89$2,281.05$2,685.62
Cash to close$75,211$33,990$33,990