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$136,367$136,367$192,600
Remaining term (yrs)24.924.930.0
Secondary amount$0$56,233$0
Funding fee$0$0$0
Note rate2.870%2.870%7.240%
Blended rate3.720%5.262%7.480%
1st payment$637.49$637.49$1,312.57
2nd payment$0.00$421.75$0.00
Taxes / mo$93.42$93.42$93.42
Insurance / mo$150.00$150.00$150.00
MI / mo$108.91$108.91$38.52
HOA / mo$335.00$335.00$335.00
Total monthly$1,324.81$1,746.55$1,929.50
Cash to close$77,633$21,400$21,400