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$158,663$158,663$213,300
Remaining term (yrs)24.524.530.0
Secondary amount$0$54,637$0
Funding fee$0$0$0
Note rate3.090%3.090%7.240%
Blended rate3.940%5.236%7.480%
1st payment$768.40$768.40$1,453.64
2nd payment$0.00$409.77$0.00
Taxes / mo$129.33$129.33$129.33
Insurance / mo$150.00$150.00$150.00
MI / mo$127.62$127.62$42.66
HOA / mo$0.00$0.00$0.00
Total monthly$1,175.36$1,585.13$1,775.63
Cash to close$78,337$23,700$23,700