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$125,557$125,557$382,410
Remaining term (yrs)16.416.430.0
Secondary amount$0$256,853$0
Funding fee$0$0$0
Note rate3.53%3.53%7.24%
Blended rate4.38%6.644%7.48%
1st payment$837.53$837.53$2,606.12
2nd payment$0.00$1,658.85$0.00
Taxes / mo$281.33$281.33$281.33
Insurance / mo$150.00$150.00$150.00
MI / mo$131.62$131.62$76.48
HOA / mo$357.00$357.00$357.00
Total monthly$1,757.49$3,416.33$3,470.93
Cash to close$299,343$42,490$42,490