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$110,048$110,048$269,910
Remaining term (yrs)19.219.230.0
Secondary amount$0$159,862$0
Funding fee$0$0$0
Note rate3.95%3.95%7.24%
Blended rate4.8%6.695%7.48%
1st payment$681.00$681.00$1,839.43
2nd payment$0.00$1,065.74$0.00
Taxes / mo$67.33$67.33$67.33
Insurance / mo$150.00$150.00$150.00
MI / mo$101.65$101.65$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$999.99$2,065.73$2,110.75
Cash to close$189,852$29,990$29,990