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$161,827$161,827$229,410
Remaining term (yrs)23.223.230.0
Secondary amount$0$67,583$0
Funding fee$0$0$0
Note rate3.730%3.730%7.240%
Blended rate4.580%5.882%7.480%
1st payment$866.33$866.33$1,563.42
2nd payment$0.00$506.88$0.00
Taxes / mo$159.25$159.25$159.25
Insurance / mo$150.00$150.00$150.00
MI / mo$132.83$132.83$45.88
HOA / mo$124.00$124.00$124.00
Total monthly$1,432.41$1,939.29$2,042.56
Cash to close$93,073$25,490$25,490