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$84,894$84,894$232,110
Remaining term (yrs)21.021.030.0
Secondary amount$0$147,216$0
Funding fee$0$0$0
Note rate3.83%3.83%7.24%
Blended rate4.68%6.786%7.48%
1st payment$489.57$489.57$1,581.83
2nd payment$0.00$981.44$0.00
Taxes / mo$164.75$164.75$164.75
Insurance / mo$150.00$150.00$150.00
MI / mo$74.15$74.15$46.42
HOA / mo$0.00$0.00$0.00
Total monthly$878.47$1,859.91$1,943.00
Cash to close$173,006$25,790$25,790