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$174,677$174,677$291,600
Remaining term (yrs)23.323.330.0
Secondary amount$0$116,923$0
Funding fee$0$0$0
Note rate3.450%3.450%7.240%
Blended rate4.300%5.784%7.480%
1st payment$907.02$907.02$1,987.25
2nd payment$0.00$779.48$0.00
Taxes / mo$138.67$138.67$138.67
Insurance / mo$150.00$150.00$150.00
MI / mo$143.97$143.97$58.32
HOA / mo$0.00$0.00$0.00
Total monthly$1,339.66$2,119.14$2,334.24
Cash to close$149,323$32,400$32,400