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$186,414$186,414$328,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$142,086$0
Funding fee$0$0$0
Note rate4.720%4.720%7.240%
Blended rate5.570%6.621%7.480%
1st payment$1,045.18$1,045.18$2,238.72
2nd payment$0.00$947.24$0.00
Taxes / mo$173.08$173.08$173.08
Insurance / mo$150.00$150.00$150.00
MI / mo$142.42$142.42$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,510.68$2,457.92$2,627.50
Cash to close$178,586$36,500$36,500