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$60,329$60,329$261,900
Remaining term (yrs)16.516.530.0
Secondary amount$0$201,571$0
Funding fee$0$0$0
Note rate3.630%3.630%7.240%
Blended rate4.480%6.997%7.480%
1st payment$403.95$403.95$1,784.84
2nd payment$0.00$1,301.81$0.00
Taxes / mo$163.92$163.92$163.92
Insurance / mo$150.00$150.00$150.00
MI / mo$62.70$62.70$52.38
HOA / mo$182.00$182.00$182.00
Total monthly$962.57$2,264.39$2,333.14
Cash to close$230,671$29,100$29,100