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$175,407$175,407$356,400
Remaining term (yrs)21.121.130.0
Secondary amount$0$180,993$0
Funding fee$0$0$0
Note rate3.94%3.94%7.24%
Blended rate4.79%6.42%7.48%
1st payment$1,019.18$1,019.18$2,428.86
2nd payment$0.00$1,206.62$0.00
Taxes / mo$208.58$208.58$208.58
Insurance / mo$150.00$150.00$150.00
MI / mo$152.32$152.32$71.28
HOA / mo$32.00$32.00$32.00
Total monthly$1,562.07$2,768.70$2,890.72
Cash to close$220,593$39,600$39,600