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$191,938$191,938$377,910
Remaining term (yrs)24.424.430.0
Secondary amount$0$185,972$0
Funding fee$0$0$0
Note rate3.02%3.02%7.24%
Blended rate3.87%5.902%7.48%
1st payment$924.67$924.67$2,575.45
2nd payment$0.00$1,239.82$0.00
Taxes / mo$174.25$174.25$174.25
Insurance / mo$150.00$150.00$150.00
MI / mo$154.96$154.96$75.58
HOA / mo$33.00$33.00$33.00
Total monthly$1,436.88$2,676.69$3,008.28
Cash to close$227,962$41,990$41,990