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$55,825$55,825$240,930
Remaining term (yrs)19.519.530.0
Secondary amount$0$185,105$0
Funding fee$0$0$0
Note rate3.690%3.690%7.240%
Blended rate4.540%7.198%7.480%
1st payment$333.98$333.98$1,641.93
2nd payment$0.00$1,234.04$0.00
Taxes / mo$79.58$79.58$79.58
Insurance / mo$150.00$150.00$150.00
MI / mo$51.46$51.46$48.19
HOA / mo$0.00$0.00$0.00
Total monthly$615.02$1,849.06$1,919.70
Cash to close$211,875$26,770$26,770