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$135,715$135,715$404,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$269,195$0
Funding fee$0$0$0
Note rate3.430%3.430%7.240%
Blended rate4.280%6.587%7.480%
1st payment$782.22$782.22$2,759.45
2nd payment$0.00$1,738.55$0.00
Taxes / mo$81.83$81.83$81.83
Insurance / mo$150.00$150.00$150.00
MI / mo$124.47$124.47$80.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,138.52$2,877.07$3,072.27
Cash to close$314,185$44,990$44,990