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$140,587$140,587$216,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$75,413$0
Funding fee$0$0$0
Note rate3.090%3.090%7.240%
Blended rate3.940%5.707%7.480%
1st payment$680.86$680.86$1,472.04
2nd payment$0.00$565.60$0.00
Taxes / mo$71.92$71.92$71.92
Insurance / mo$150.00$150.00$150.00
MI / mo$113.08$113.08$43.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,015.86$1,581.45$1,737.15
Cash to close$99,413$24,000$24,000