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$100,034$100,034$162,000
Remaining term (yrs)23.423.430.0
Secondary amount$0$61,966$0
Funding fee$0$0$0
Note rate3.450%3.450%7.240%
Blended rate4.300%6.098%7.480%
1st payment$517.04$517.04$1,104.03
2nd payment$0.00$464.75$0.00
Taxes / mo$150.00$150.00$150.00
Insurance / mo$150.00$150.00$150.00
MI / mo$82.07$82.07$32.40
HOA / mo$0.00$0.00$0.00
Total monthly$899.11$1,363.86$1,436.43
Cash to close$79,966$18,000$18,000