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$184,701$184,701$368,550
Remaining term (yrs)19.819.830.0
Secondary amount$0$183,849$0
Funding fee$0$0$0
Note rate3.99%3.99%7.24%
Blended rate4.84%6.416%7.48%
1st payment$1,121.34$1,121.34$2,511.66
2nd payment$0.00$1,225.66$0.00
Taxes / mo$172.75$172.75$172.75
Insurance / mo$150.00$150.00$150.00
MI / mo$166.57$166.57$73.71
HOA / mo$77.00$77.00$77.00
Total monthly$1,687.66$2,913.32$2,985.12
Cash to close$224,799$40,950$40,950