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$154,683$154,683$337,500
Remaining term (yrs)23.723.730.0
Secondary amount$0$182,817$0
Funding fee$0$0$0
Note rate3.13%3.13%7.24%
Blended rate3.98%6.158%7.48%
1st payment$768.11$768.11$2,300.06
2nd payment$0.00$1,218.78$0.00
Taxes / mo$122.33$122.33$122.33
Insurance / mo$150.00$150.00$150.00
MI / mo$126.93$126.93$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,167.37$2,386.15$2,639.89
Cash to close$220,317$37,500$37,500