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$165,133$165,133$243,000
Remaining term (yrs)24.224.230.0
Secondary amount$0$77,867$0
Funding fee$0$0$0
Note rate2.67%2.67%7.24%
Blended rate3.52%5.276%7.48%
1st payment$769.59$769.59$1,656.04
2nd payment$0.00$584.01$0.00
Taxes / mo$166.08$166.08$166.08
Insurance / mo$150.00$150.00$150.00
MI / mo$134.93$134.93$48.60
HOA / mo$150.00$150.00$150.00
Total monthly$1,370.61$1,954.61$2,170.72
Cash to close$104,867$27,000$27,000