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$264,316$264,316$365,400
Remaining term (yrs)24.524.530.0
Secondary amount$0$101,084$0
Funding fee$0$0$0
Note rate3.090%3.090%7.240%
Blended rate3.940%5.063%7.480%
1st payment$1,277.18$1,277.18$2,490.19
2nd payment$0.00$673.89$0.00
Taxes / mo$80.42$80.42$80.42
Insurance / mo$150.00$150.00$150.00
MI / mo$212.13$212.13$73.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,719.73$2,393.62$2,793.69
Cash to close$141,684$40,600$40,600