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$82,309$82,309$211,500
Remaining term (yrs)19.919.930.0
Secondary amount$0$129,191$0
Funding fee$0$0$0
Note rate3.440%3.440%7.240%
Blended rate4.290%6.556%7.480%
1st payment$474.82$474.82$1,441.37
2nd payment$0.00$861.27$0.00
Taxes / mo$96.67$96.67$96.67
Insurance / mo$150.00$150.00$150.00
MI / mo$75.46$75.46$42.30
HOA / mo$110.00$110.00$110.00
Total monthly$906.95$1,768.23$1,840.34
Cash to close$152,691$23,500$23,500