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$173,811$173,811$404,910
Remaining term (yrs)19.319.330.0
Secondary amount$0$231,099$0
Funding fee$0$0$0
Note rate3.870%3.870%7.240%
Blended rate4.720%6.449%7.480%
1st payment$1,059.11$1,059.11$2,759.45
2nd payment$0.00$1,492.51$0.00
Taxes / mo$306.17$306.17$306.17
Insurance / mo$150.00$150.00$150.00
MI / mo$159.63$159.63$80.98
HOA / mo$8.33$8.33$8.33
Total monthly$1,683.25$3,175.76$3,304.93
Cash to close$276,089$44,990$44,990