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$123,692$123,692$296,910
Remaining term (yrs)20.120.130.0
Secondary amount$0$173,218$0
Funding fee$0$0$0
Note rate3.46%3.46%7.24%
Blended rate4.31%6.463%7.48%
1st payment$710.73$710.73$2,023.44
2nd payment$0.00$1,154.79$0.00
Taxes / mo$191.83$191.83$191.83
Insurance / mo$150.00$150.00$150.00
MI / mo$112.67$112.67$59.38
HOA / mo$175.00$175.00$175.00
Total monthly$1,340.23$2,495.02$2,599.65
Cash to close$206,208$32,990$32,990