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$158,456$158,456$224,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$66,454$0
Funding fee$0$0$0
Note rate3.100%3.100%7.240%
Blended rate3.950%5.442%7.480%
1st payment$754.70$754.70$1,532.76
2nd payment$0.00$498.40$0.00
Taxes / mo$147.50$147.50$147.50
Insurance / mo$150.00$150.00$150.00
MI / mo$125.19$125.19$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,177.39$1,675.80$1,875.24
Cash to close$91,444$24,990$24,990