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$161,387$161,387$400,500
Remaining term (yrs)21.421.430.0
Secondary amount$0$239,113$0
Funding fee$0$0$0
Note rate4.380%4.380%7.240%
Blended rate5.230%6.735%7.480%
1st payment$966.68$966.68$2,729.40
2nd payment$0.00$1,544.27$0.00
Taxes / mo$144.58$144.58$144.58
Insurance / mo$150.00$150.00$150.00
MI / mo$137.06$137.06$80.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,398.32$2,942.60$3,104.08
Cash to close$283,613$44,500$44,500