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$163,294$163,294$242,100
Remaining term (yrs)23.623.630.0
Secondary amount$0$78,806$0
Funding fee$0$0$0
Note rate3.26%3.26%7.24%
Blended rate4.11%5.702%7.48%
1st payment$825.77$825.77$1,649.91
2nd payment$0.00$591.04$0.00
Taxes / mo$170.67$170.67$170.67
Insurance / mo$150.00$150.00$150.00
MI / mo$134.23$134.23$48.42
HOA / mo$30.00$30.00$30.00
Total monthly$1,310.67$1,901.72$2,048.99
Cash to close$105,706$26,900$26,900