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$169,238$169,238$265,950
Remaining term (yrs)24.724.730.0
Secondary amount$0$96,712$0
Funding fee$0$0$0
Note rate2.930%2.930%7.240%
Blended rate3.780%5.678%7.480%
1st payment$800.03$800.03$1,812.44
2nd payment$0.00$725.34$0.00
Taxes / mo$67.42$67.42$67.42
Insurance / mo$150.00$150.00$150.00
MI / mo$135.62$135.62$53.19
HOA / mo$85.00$85.00$85.00
Total monthly$1,238.07$1,963.40$2,168.05
Cash to close$126,262$29,550$29,550