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$206,433$206,433$656,910
Remaining term (yrs)20.920.930.0
Secondary amount$0$450,477$0
Funding fee$0$0$0
Note rate3.82%3.82%7.24%
Blended rate4.67%6.782%7.48%
1st payment$1,192.45$1,192.45$4,476.83
2nd payment$0.00$2,909.33$0.00
Taxes / mo$166.67$166.67$166.67
Insurance / mo$216.67$216.67$216.67
MI / mo$180.83$180.83$131.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,756.61$4,665.95$4,991.54
Cash to close$523,467$72,990$72,990