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$84,769$84,769$229,500
Remaining term (yrs)18.218.230.0
Secondary amount$0$144,731$0
Funding fee$0$0$0
Note rate3.89%3.89%7.24%
Blended rate4.74%6.796%7.48%
1st payment$541.19$541.19$1,564.04
2nd payment$0.00$964.87$0.00
Taxes / mo$175.08$175.08$175.08
Insurance / mo$150.00$150.00$150.00
MI / mo$81.37$81.37$45.90
HOA / mo$35.00$35.00$35.00
Total monthly$982.65$1,947.52$1,970.02
Cash to close$170,231$25,500$25,500