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$107,784$107,784$173,610
Remaining term (yrs)23.523.530.0
Secondary amount$0$65,826$0
Funding fee$0$0$0
Note rate3.360%3.360%7.240%
Blended rate4.210%6.026%7.480%
1st payment$551.99$551.99$1,183.15
2nd payment$0.00$493.69$0.00
Taxes / mo$50.75$50.75$50.75
Insurance / mo$150.00$150.00$150.00
MI / mo$88.61$88.61$34.72
HOA / mo$0.00$0.00$0.00
Total monthly$841.35$1,335.04$1,418.62
Cash to close$85,116$19,290$19,290