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$173,279$173,279$260,991
Remaining term (yrs)24.424.430.0
Secondary amount$0$87,712$0
Funding fee$0$0$0
Note rate2.81%2.81%7.24%
Blended rate3.66%5.455%7.48%
1st payment$816.03$816.03$1,778.65
2nd payment$0.00$657.84$0.00
Taxes / mo$141.50$141.50$141.50
Insurance / mo$150.00$150.00$150.00
MI / mo$140.49$140.49$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,248.02$1,905.86$2,122.35
Cash to close$116,711$28,999$28,999