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$146,375$146,375$274,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$128,125$0
Funding fee$0$0$0
Note rate2.86%2.86%7.24%
Blended rate3.71%5.712%7.48%
1st payment$701.37$701.37$1,870.71
2nd payment$0.00$854.17$0.00
Taxes / mo$152.50$152.50$152.50
Insurance / mo$150.00$150.00$150.00
MI / mo$119.97$119.97$54.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,123.84$1,978.01$2,228.11
Cash to close$158,625$30,500$30,500