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$146,743$146,743$440,910
Remaining term (yrs)18.418.430.0
Secondary amount$0$294,167$0
Funding fee$0$0$0
Note rate3.590%3.590%7.240%
Blended rate4.440%6.648%7.480%
1st payment$905.58$905.58$3,004.79
2nd payment$0.00$1,899.83$0.00
Taxes / mo$218.08$218.08$218.08
Insurance / mo$166.67$166.67$166.67
MI / mo$141.26$141.26$88.18
HOA / mo$35.42$35.42$35.42
Total monthly$1,467.01$3,366.84$3,513.15
Cash to close$343,157$48,990$48,990