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$57,630$57,630$206,910
Remaining term (yrs)15.315.330.0
Secondary amount$0$149,280$0
Funding fee$0$0$0
Note rate3.980%3.980%7.240%
Blended rate4.830%7.117%7.480%
1st payment$417.30$417.30$1,410.09
2nd payment$0.00$995.20$0.00
Taxes / mo$68.33$68.33$68.33
Insurance / mo$150.00$150.00$150.00
MI / mo$62.06$62.06$41.38
HOA / mo$0.00$0.00$0.00
Total monthly$697.69$1,692.89$1,669.80
Cash to close$172,270$22,990$22,990