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$74,399$74,399$174,600
Remaining term (yrs)15.515.530.0
Secondary amount$0$100,201$0
Funding fee$0$0$0
Note rate3.95%3.95%7.24%
Blended rate4.8%6.636%7.48%
1st payment$533.42$533.42$1,189.90
2nd payment$0.00$668.01$0.00
Taxes / mo$50.25$50.25$50.25
Insurance / mo$150.00$150.00$150.00
MI / mo$79.62$79.62$34.92
HOA / mo$0.00$0.00$0.00
Total monthly$813.30$1,481.30$1,425.07
Cash to close$119,601$19,400$19,400