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$163,311$163,311$229,491
Remaining term (yrs)23.623.630.0
Secondary amount$0$66,180$0
Funding fee$0$0$0
Note rate3.500%3.500%7.240%
Blended rate4.350%5.691%7.480%
1st payment$846.50$846.50$1,563.98
2nd payment$0.00$496.35$0.00
Taxes / mo$160.50$160.50$160.50
Insurance / mo$150.00$150.00$150.00
MI / mo$133.53$133.53$45.90
HOA / mo$124.00$124.00$124.00
Total monthly$1,414.53$1,910.88$2,044.38
Cash to close$91,679$25,499$25,499