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$154,353$154,353$332,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$177,747$0
Funding fee$0$0$0
Note rate3.13%3.13%7.24%
Blended rate3.98%6.132%7.48%
1st payment$749.06$749.06$2,263.26
2nd payment$0.00$1,184.98$0.00
Taxes / mo$164.08$164.08$164.08
Insurance / mo$150.00$150.00$150.00
MI / mo$123.78$123.78$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,186.93$2,371.91$2,643.76
Cash to close$214,647$36,900$36,900