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$0$0$179,100
Remaining term (yrs)0.00.030.0
Secondary amount$0$179,100$0
Funding fee$0$0$0
Note rate5.000%5.000%7.240%
Blended rate5.850%8.000%7.480%
1st payment$583.57$583.57$1,220.56
2nd payment$0.00$1,194.00$0.00
Taxes / mo$118.67$118.67$118.67
Insurance / mo$150.00$150.00$150.00
MI / mo$52.27$52.27$35.82
HOA / mo$415.00$415.00$415.00
Total monthly$1,319.50$2,513.50$1,940.05
Cash to close$199,000$19,900$19,900