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$109,670$109,670$472,410
Remaining term (yrs)15.515.530.0
Secondary amount$0$362,740$0
Funding fee$0$0$0
Note rate3.980%3.980%7.240%
Blended rate4.830%7.072%7.480%
1st payment$787.96$787.96$3,219.47
2nd payment$0.00$2,342.69$0.00
Taxes / mo$168.08$168.08$168.08
Insurance / mo$166.67$166.67$166.67
MI / mo$117.19$117.19$94.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,239.90$3,582.60$3,648.70
Cash to close$415,230$52,490$52,490