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$156,053$156,053$215,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$59,857$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%5.271%7.48%
1st payment$735.92$735.92$1,471.42
2nd payment$0.00$448.93$0.00
Taxes / mo$141.67$141.67$141.67
Insurance / mo$150.00$150.00$150.00
MI / mo$123.80$123.80$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,151.38$1,600.31$1,806.27
Cash to close$83,847$23,990$23,990