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$153,197$153,197$174,536
Remaining term (yrs)25.325.330.0
Secondary amount$0$31,036$0
Funding fee$0$0$0
Note rate3.560%3.560%7.240%
Blended rate4.410%5.668%7.480%
1st payment$764.03$764.03$1,189.46
2nd payment$0.00$307.13$0.00
Taxes / mo$70.33$70.33$70.33
Insurance / mo$150.00$150.00$150.00
MI / mo$119.63$119.63$34.91
HOA / mo$0.00$0.00$0.00
Total monthly$1,103.99$1,411.12$1,444.70
Cash to close$40,732$9,696$19,393