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$207,770$207,770$260,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$53,140$0
Funding fee$0$0$0
Note rate3.850%3.850%7.240%
Blended rate4.700%5.576%7.480%
1st payment$1,064.93$1,064.93$1,778.10
2nd payment$0.00$398.55$0.00
Taxes / mo$118.58$118.58$118.58
Insurance / mo$150.00$150.00$150.00
MI / mo$160.90$160.90$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,494.41$1,892.96$2,098.86
Cash to close$82,130$28,990$28,990