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$162,758$162,758$346,950
Remaining term (yrs)23.823.830.0
Secondary amount$0$184,192$0
Funding fee$0$0$0
Note rate3.030%3.030%7.240%
Blended rate3.880%6.067%7.480%
1st payment$797.87$797.87$2,364.46
2nd payment$0.00$1,227.95$0.00
Taxes / mo$54.00$54.00$54.00
Insurance / mo$150.00$150.00$150.00
MI / mo$133.54$133.54$69.39
HOA / mo$0.00$0.00$0.00
Total monthly$1,135.41$2,363.36$2,637.85
Cash to close$222,742$38,550$38,550