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$167,932$167,932$292,500
Remaining term (yrs)24.824.830.0
Secondary amount$0$124,568$0
Funding fee$0$0$0
Note rate3.020%3.020%7.240%
Blended rate3.870%5.629%7.480%
1st payment$798.10$798.10$1,993.38
2nd payment$0.00$830.45$0.00
Taxes / mo$95.67$95.67$95.67
Insurance / mo$150.00$150.00$150.00
MI / mo$133.75$133.75$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,177.52$2,007.97$2,297.55
Cash to close$157,068$32,500$32,500