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$93,818$93,818$602,010
Remaining term (yrs)16.716.730.0
Secondary amount$0$508,192$0
Funding fee$0$0$0
Note rate3.810%3.810%7.240%
Blended rate4.660%7.268%7.480%
1st payment$632.14$632.14$4,102.69
2nd payment$0.00$3,282.07$0.00
Taxes / mo$122.17$122.17$122.17
Insurance / mo$166.67$166.67$166.67
MI / mo$95.98$95.98$120.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,016.96$4,299.03$4,511.92
Cash to close$575,082$66,890$66,890