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$108,777$108,777$346,299
Remaining term (yrs)16.816.830.0
Secondary amount$0$237,523$0
Funding fee$0$0$0
Note rate3.93%3.93%7.24%
Blended rate4.78%6.817%7.48%
1st payment$734.41$734.41$2,360.02
2nd payment$0.00$1,534.00$0.00
Taxes / mo$123.08$123.08$123.08
Insurance / mo$150.00$150.00$150.00
MI / mo$109.89$109.89$69.26
HOA / mo$20.00$20.00$20.00
Total monthly$1,137.38$2,671.38$2,722.37
Cash to close$276,000$38,478$38,478