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$170,666$170,666$292,500
Remaining term (yrs)23.023.030.0
Secondary amount$0$121,834$0
Funding fee$0$0$0
Note rate2.900%2.900%7.240%
Blended rate3.750%5.520%7.480%
1st payment$843.76$843.76$1,993.38
2nd payment$0.00$812.23$0.00
Taxes / mo$117.92$117.92$117.92
Insurance / mo$150.00$150.00$150.00
MI / mo$140.54$140.54$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,252.22$2,064.45$2,319.80
Cash to close$154,334$32,500$32,500