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$180,807$180,807$292,410
Remaining term (yrs)23.623.630.0
Secondary amount$0$111,603$0
Funding fee$0$0$0
Note rate3.26%3.26%7.24%
Blended rate4.11%5.595%7.48%
1st payment$914.34$914.34$1,992.77
2nd payment$0.00$744.02$0.00
Taxes / mo$160.00$160.00$160.00
Insurance / mo$150.00$150.00$150.00
MI / mo$148.63$148.63$58.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,372.96$2,116.98$2,361.25
Cash to close$144,093$32,490$32,490