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$179,379$179,379$206,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$27,531$0
Funding fee$0$0$0
Note rate3.890%3.890%7.240%
Blended rate4.740%5.307%7.480%
1st payment$925.12$925.12$1,410.09
2nd payment$0.00$206.48$0.00
Taxes / mo$72.08$72.08$72.08
Insurance / mo$150.00$150.00$150.00
MI / mo$139.10$139.10$41.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,286.31$1,492.79$1,673.55
Cash to close$50,521$22,990$22,990