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$122,655$122,655$287,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$165,255$0
Funding fee$0$0$0
Note rate3.33%3.33%7.24%
Blended rate4.18%6.373%7.48%
1st payment$626.21$626.21$1,962.10
2nd payment$0.00$1,101.70$0.00
Taxes / mo$87.75$87.75$87.75
Insurance / mo$150.00$150.00$150.00
MI / mo$100.90$100.90$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$964.87$2,066.56$2,257.43
Cash to close$197,245$31,990$31,990