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$134,044$134,044$323,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$189,866$0
Funding fee$0$0$0
Note rate3.14%3.14%7.24%
Blended rate3.99%6.341%7.48%
1st payment$642.64$642.64$2,207.44
2nd payment$0.00$1,265.77$0.00
Taxes / mo$166.25$166.25$166.25
Insurance / mo$150.00$150.00$150.00
MI / mo$106.06$106.06$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,064.95$2,330.72$2,588.47
Cash to close$225,856$35,990$35,990