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$288,054$288,054$386,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$98,856$0
Funding fee$0$0$0
Note rate3.22%3.22%7.24%
Blended rate4.07%5.33%7.48%
1st payment$1,387.19$1,387.19$2,636.78
2nd payment$0.00$741.42$0.00
Taxes / mo$173.83$173.83$173.83
Insurance / mo$150.00$150.00$150.00
MI / mo$226.63$226.63$77.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,937.65$2,679.08$3,038.00
Cash to close$141,846$42,990$42,990