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$89,294$89,294$170,910
Remaining term (yrs)23.023.030.0
Secondary amount$0$81,616$0
Funding fee$0$0$0
Note rate3.56%3.56%7.24%
Blended rate4.41%6.602%7.48%
1st payment$473.21$473.21$1,164.75
2nd payment$0.00$612.12$0.00
Taxes / mo$10.33$10.33$10.33
Insurance / mo$150.00$150.00$150.00
MI / mo$74.09$74.09$34.18
HOA / mo$0.00$0.00$0.00
Total monthly$707.63$1,319.75$1,359.26
Cash to close$100,606$18,990$18,990