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$162,346$162,346$301,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$139,154$0
Funding fee$0$0$0
Note rate3.170%3.170%7.240%
Blended rate4.020%5.857%7.480%
1st payment$791.25$791.25$2,054.72
2nd payment$0.00$927.70$0.00
Taxes / mo$118.42$118.42$118.42
Insurance / mo$150.00$150.00$150.00
MI / mo$130.09$130.09$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,189.76$2,117.45$2,383.43
Cash to close$172,654$33,500$33,500