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$46,924$46,924$206,910
Remaining term (yrs)15.815.830.0
Secondary amount$0$159,986$0
Funding fee$0$0$0
Note rate3.660%3.660%7.240%
Blended rate4.510%7.209%7.480%
1st payment$324.51$324.51$1,410.09
2nd payment$0.00$1,066.57$0.00
Taxes / mo$49.50$49.50$49.50
Insurance / mo$150.00$150.00$150.00
MI / mo$50.19$50.19$41.38
HOA / mo$0.00$0.00$0.00
Total monthly$574.20$1,640.77$1,650.97
Cash to close$182,976$22,990$22,990