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$167,698$167,698$256,499
Remaining term (yrs)24.624.630.0
Secondary amount$0$88,801$0
Funding fee$0$0$0
Note rate2.960%2.960%7.240%
Blended rate3.810%5.607%7.480%
1st payment$798.99$798.99$1,748.04
2nd payment$0.00$666.00$0.00
Taxes / mo$112.58$112.58$112.58
Insurance / mo$150.00$150.00$150.00
MI / mo$134.93$134.93$51.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,196.50$1,862.51$2,061.92
Cash to close$117,301$28,500$28,500