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$156,666$156,666$563,400
Remaining term (yrs)15.615.630.0
Secondary amount$0$406,734$0
Funding fee$0$0$0
Note rate3.88%3.88%7.24%
Blended rate4.73%6.91%7.48%
1st payment$1,113.42$1,113.42$3,839.56
2nd payment$0.00$2,626.82$0.00
Taxes / mo$259.50$259.50$259.50
Insurance / mo$166.67$166.67$166.67
MI / mo$167.62$167.62$112.68
HOA / mo$29.17$29.17$29.17
Total monthly$1,736.37$4,363.19$4,407.58
Cash to close$469,334$62,600$62,600