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$154,888$154,888$323,550
Remaining term (yrs)24.324.330.0
Secondary amount$0$168,662$0
Funding fee$0$0$0
Note rate2.770%2.770%7.240%
Blended rate3.620%5.903%7.480%
1st payment$727.98$727.98$2,204.99
2nd payment$0.00$1,124.42$0.00
Taxes / mo$122.33$122.33$122.33
Insurance / mo$150.00$150.00$150.00
MI / mo$125.98$125.98$64.71
HOA / mo$0.00$0.00$0.00
Total monthly$1,126.30$2,250.71$2,542.03
Cash to close$204,612$35,950$35,950