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$130,227$130,227$202,500
Remaining term (yrs)25.025.030.0
Secondary amount$0$72,273$0
Funding fee$0$0$0
Note rate2.86%2.86%7.24%
Blended rate3.71%5.598%7.48%
1st payment$606.73$606.73$1,380.03
2nd payment$0.00$542.05$0.00
Taxes / mo$135.25$135.25$135.25
Insurance / mo$150.00$150.00$150.00
MI / mo$103.79$103.79$40.50
HOA / mo$0.00$0.00$0.00
Total monthly$995.76$1,537.81$1,705.78
Cash to close$94,773$22,500$22,500