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$163,839$163,839$382,500
Remaining term (yrs)19.819.830.0
Secondary amount$0$218,661$0
Funding fee$0$0$0
Note rate3.660%3.660%7.240%
Blended rate4.510%6.362%7.480%
1st payment$966.46$966.46$2,606.73
2nd payment$0.00$1,412.19$0.00
Taxes / mo$354.17$354.17$354.17
Insurance / mo$150.00$150.00$150.00
MI / mo$149.46$149.46$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,620.09$3,032.28$3,187.40
Cash to close$261,161$42,500$42,500