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$137,553$137,553$283,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$145,947$0
Funding fee$0$0$0
Note rate3.490%3.490%7.240%
Blended rate4.340%6.224%7.480%
1st payment$725.57$725.57$1,932.05
2nd payment$0.00$972.98$0.00
Taxes / mo$183.83$183.83$183.83
Insurance / mo$150.00$150.00$150.00
MI / mo$114.60$114.60$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,174.00$2,146.98$2,322.58
Cash to close$177,447$31,500$31,500