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$193,100$193,100$314,910
Remaining term (yrs)22.822.830.0
Secondary amount$0$121,810$0
Funding fee$0$0$0
Note rate3.820%3.820%7.240%
Blended rate4.670%5.958%7.480%
1st payment$1,054.86$1,054.86$2,146.11
2nd payment$0.00$812.07$0.00
Taxes / mo$210.50$210.50$210.50
Insurance / mo$150.00$150.00$150.00
MI / mo$159.97$159.97$62.98
HOA / mo$10.42$10.42$10.42
Total monthly$1,585.75$2,397.81$2,580.01
Cash to close$156,800$34,990$34,990