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$162,036$162,036$314,100
Remaining term (yrs)22.822.830.0
Secondary amount$0$152,064$0
Funding fee$0$0$0
Note rate3.820%3.820%7.240%
Blended rate4.670%6.282%7.480%
1st payment$885.17$885.17$2,140.59
2nd payment$0.00$1,013.76$0.00
Taxes / mo$160.58$160.58$160.58
Insurance / mo$150.00$150.00$150.00
MI / mo$134.23$134.23$62.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,329.98$2,343.74$2,513.99
Cash to close$186,964$34,900$34,900