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$156,514$156,514$202,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$45,986$0
Funding fee$0$0$0
Note rate3.55%3.55%7.24%
Blended rate4.4%5.445%7.48%
1st payment$779.73$779.73$1,380.03
2nd payment$0.00$344.89$0.00
Taxes / mo$106.08$106.08$106.08
Insurance / mo$150.00$150.00$150.00
MI / mo$122.24$122.24$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,158.05$1,502.95$1,676.62
Cash to close$68,486$22,500$22,500