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$159,383$159,383$413,910
Remaining term (yrs)19.719.730.0
Secondary amount$0$254,527$0
Funding fee$0$0$0
Note rate3.6%3.6%7.24%
Blended rate4.45%6.479%7.48%
1st payment$937.92$937.92$2,820.79
2nd payment$0.00$1,643.82$0.00
Taxes / mo$196.83$196.83$196.83
Insurance / mo$166.67$166.67$166.67
MI / mo$146.13$146.13$82.78
HOA / mo$19.00$19.00$19.00
Total monthly$1,466.55$3,110.37$3,286.07
Cash to close$300,517$45,990$45,990