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$172,774$172,774$359,910
Remaining term (yrs)20.820.830.0
Secondary amount$0$187,136$0
Funding fee$0$0$0
Note rate3.92%3.92%7.24%
Blended rate4.77%6.449%7.48%
1st payment$1,009.74$1,009.74$2,452.78
2nd payment$0.00$1,247.57$0.00
Taxes / mo$101.58$101.58$101.58
Insurance / mo$150.00$150.00$150.00
MI / mo$151.27$151.27$71.98
HOA / mo$3.33$3.33$3.33
Total monthly$1,415.93$2,663.50$2,779.68
Cash to close$227,126$39,990$39,990