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$175,523$175,523$324,000
Remaining term (yrs)22.722.730.0
Secondary amount$0$148,477$0
Funding fee$0$0$0
Note rate3.73%3.73%7.24%
Blended rate4.58%6.147%7.48%
1st payment$952.59$952.59$2,208.05
2nd payment$0.00$989.84$0.00
Taxes / mo$124.67$124.67$124.67
Insurance / mo$150.00$150.00$150.00
MI / mo$146.06$146.06$64.80
HOA / mo$26.67$26.67$26.67
Total monthly$1,399.98$2,389.82$2,574.19
Cash to close$184,477$36,000$36,000