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$186,022$186,022$359,910
Remaining term (yrs)23.323.330.0
Secondary amount$0$173,888$0
Funding fee$0$0$0
Note rate3.6%3.6%7.24%
Blended rate4.45%6.165%7.48%
1st payment$980.72$980.72$2,452.78
2nd payment$0.00$1,159.25$0.00
Taxes / mo$103.75$103.75$103.75
Insurance / mo$150.00$150.00$150.00
MI / mo$152.79$152.79$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,387.26$2,546.51$2,778.51
Cash to close$213,878$39,990$39,990