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$192,444$192,444$346,410
Remaining term (yrs)23.123.130.0
Secondary amount$0$153,966$0
Funding fee$0$0$0
Note rate3.57%3.57%7.24%
Blended rate4.42%6.011%7.48%
1st payment$1,018.49$1,018.49$2,360.78
2nd payment$0.00$1,026.44$0.00
Taxes / mo$137.75$137.75$137.75
Insurance / mo$150.00$150.00$150.00
MI / mo$159.27$159.27$69.28
HOA / mo$10.42$10.42$10.42
Total monthly$1,475.93$2,502.37$2,728.23
Cash to close$192,456$38,490$38,490