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$166,861$166,861$562,500
Remaining term (yrs)16.616.630.0
Secondary amount$0$395,639$0
Funding fee$0$0$0
Note rate3.42%3.42%7.24%
Blended rate4.27%6.718%7.48%
1st payment$1,095.71$1,095.71$3,833.43
2nd payment$0.00$2,555.17$0.00
Taxes / mo$316.50$316.50$316.50
Insurance / mo$166.67$166.67$166.67
MI / mo$174.57$174.57$112.50
HOA / mo$100.00$100.00$100.00
Total monthly$1,853.45$4,408.61$4,529.09
Cash to close$458,139$62,500$62,500