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$93,180$93,180$255,600
Remaining term (yrs)19.119.130.0
Secondary amount$0$162,420$0
Funding fee$0$0$0
Note rate3.760%3.760%7.240%
Blended rate4.610%6.764%7.480%
1st payment$569.10$569.10$1,741.91
2nd payment$0.00$1,082.80$0.00
Taxes / mo$140.17$140.17$140.17
Insurance / mo$150.00$150.00$150.00
MI / mo$86.94$86.94$51.12
HOA / mo$60.00$60.00$60.00
Total monthly$1,006.21$2,089.01$2,143.20
Cash to close$190,820$28,400$28,400