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$128,845$128,845$355,500
Remaining term (yrs)15.615.630.0
Secondary amount$0$226,655$0
Funding fee$0$0$0
Note rate3.9%3.9%7.24%
Blended rate4.75%6.663%7.48%
1st payment$916.98$916.98$2,422.73
2nd payment$0.00$1,463.82$0.00
Taxes / mo$104.33$104.33$104.33
Insurance / mo$150.00$150.00$150.00
MI / mo$137.71$137.71$71.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,309.03$2,772.84$2,748.16
Cash to close$266,155$39,500$39,500