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$147,655$147,655$310,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$162,845$0
Funding fee$0$0$0
Note rate3.550%3.550%7.240%
Blended rate4.400%6.288%7.480%
1st payment$735.60$735.60$2,116.05
2nd payment$0.00$1,085.64$0.00
Taxes / mo$77.00$77.00$77.00
Insurance / mo$150.00$150.00$150.00
MI / mo$115.32$115.32$62.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,077.91$2,163.55$2,405.15
Cash to close$197,345$34,500$34,500