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$152,924$152,924$179,100
Remaining term (yrs)24.524.530.0
Secondary amount$0$26,176$0
Funding fee$0$0$0
Note rate3.050%3.050%7.240%
Blended rate3.900%4.645%7.480%
1st payment$737.42$737.42$1,220.56
2nd payment$0.00$196.32$0.00
Taxes / mo$93.17$93.17$93.17
Insurance / mo$150.00$150.00$150.00
MI / mo$123.10$123.10$35.82
HOA / mo$140.00$140.00$140.00
Total monthly$1,243.69$1,440.01$1,639.55
Cash to close$46,076$19,900$19,900