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$89,624$89,624$242,910
Remaining term (yrs)23.423.430.0
Secondary amount$0$153,286$0
Funding fee$0$0$0
Note rate3.400%3.400%7.240%
Blended rate4.250%6.616%7.480%
1st payment$460.87$460.87$1,655.43
2nd payment$0.00$1,021.91$0.00
Taxes / mo$52.58$52.58$52.58
Insurance / mo$150.00$150.00$150.00
MI / mo$73.61$73.61$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$737.07$1,758.97$1,906.59
Cash to close$180,276$26,990$26,990