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$149,791$149,791$256,500
Remaining term (yrs)24.224.230.0
Secondary amount$0$106,709$0
Funding fee$0$0$0
Note rate2.71%2.71%7.24%
Blended rate3.56%5.407%7.48%
1st payment$702.84$702.84$1,748.04
2nd payment$0.00$711.39$0.00
Taxes / mo$157.92$157.92$157.92
Insurance / mo$150.00$150.00$150.00
MI / mo$122.58$122.58$51.30
HOA / mo$65.00$65.00$65.00
Total monthly$1,198.34$1,909.73$2,172.26
Cash to close$135,209$28,500$28,500