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$158,798$158,798$422,100
Remaining term (yrs)23.723.730.0
Secondary amount$0$263,302$0
Funding fee$0$0$0
Note rate3.330%3.330%7.240%
Blended rate4.180%6.407%7.480%
1st payment$805.14$805.14$2,876.60
2nd payment$0.00$1,700.49$0.00
Taxes / mo$74.08$74.08$74.08
Insurance / mo$166.67$166.67$166.67
MI / mo$129.73$129.73$84.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,175.63$2,876.12$3,201.77
Cash to close$310,202$46,900$46,900