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$143,017$143,017$225,000
Remaining term (yrs)24.724.730.0
Secondary amount$0$81,983$0
Funding fee$0$0$0
Note rate2.99%2.99%7.24%
Blended rate3.84%5.72%7.48%
1st payment$682.07$682.07$1,533.37
2nd payment$0.00$614.87$0.00
Taxes / mo$58.33$58.33$58.33
Insurance / mo$150.00$150.00$150.00
MI / mo$114.74$114.74$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,005.14$1,620.01$1,786.70
Cash to close$106,983$25,000$25,000