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$175,914$175,914$355,500
Remaining term (yrs)22.022.030.0
Secondary amount$0$179,586$0
Funding fee$0$0$0
Note rate3.49%3.49%7.24%
Blended rate4.34%6.189%7.48%
1st payment$953.09$953.09$2,422.73
2nd payment$0.00$1,197.24$0.00
Taxes / mo$124.17$124.17$124.17
Insurance / mo$150.00$150.00$150.00
MI / mo$147.64$147.64$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,374.90$2,572.13$2,767.99
Cash to close$219,086$39,500$39,500