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$196,428$196,428$274,500
Remaining term (yrs)24.024.030.0
Secondary amount$0$78,072$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%5.308%7.48%
1st payment$954.33$954.33$1,870.71
2nd payment$0.00$585.54$0.00
Taxes / mo$74.83$74.83$74.83
Insurance / mo$150.00$150.00$150.00
MI / mo$157.18$157.18$54.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,336.34$1,921.89$2,150.45
Cash to close$108,572$30,500$30,500