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$191,261$191,261$247,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$56,239$0
Funding fee$0$0$0
Note rate3.02%3.02%7.24%
Blended rate3.87%5.036%7.48%
1st payment$913.06$913.06$1,686.71
2nd payment$0.00$421.79$0.00
Taxes / mo$165.50$165.50$165.50
Insurance / mo$150.00$150.00$150.00
MI / mo$153.01$153.01$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,381.57$1,803.36$2,051.71
Cash to close$83,739$27,500$27,500