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$11,014$11,014$103,500
Remaining term (yrs)22.422.430.0
Secondary amount$0$92,486$0
Funding fee$0$0$0
Note rate3.890%3.890%7.240%
Blended rate4.740%8.547%7.480%
1st payment$61.28$61.28$705.35
2nd payment$0.00$693.65$0.00
Taxes / mo$49.92$49.92$49.92
Insurance / mo$150.00$150.00$150.00
MI / mo$8.70$8.70$20.70
HOA / mo$0.00$0.00$0.00
Total monthly$269.89$963.54$925.97
Cash to close$103,986$11,500$11,500