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$168,304$168,304$297,000
Remaining term (yrs)23.523.530.0
Secondary amount$0$128,696$0
Funding fee$0$0$0
Note rate3.47%3.47%7.24%
Blended rate4.32%5.915%7.48%
1st payment$871.69$871.69$2,024.05
2nd payment$0.00$857.97$0.00
Taxes / mo$101.25$101.25$101.25
Insurance / mo$150.00$150.00$150.00
MI / mo$138.02$138.02$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,260.96$2,118.93$2,334.70
Cash to close$161,696$33,000$33,000