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$81,259$81,259$269,100
Remaining term (yrs)15.715.730.0
Secondary amount$0$187,841$0
Funding fee$0$0$0
Note rate3.75%3.75%7.24%
Blended rate4.6%6.973%7.48%
1st payment$569.98$569.98$1,833.91
2nd payment$0.00$1,252.28$0.00
Taxes / mo$151.58$151.58$151.58
Insurance / mo$150.00$150.00$150.00
MI / mo$87.18$87.18$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$958.75$2,211.02$2,189.31
Cash to close$217,741$29,900$29,900