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$62,335$62,335$189,000
Remaining term (yrs)15.215.230.0
Secondary amount$0$126,665$0
Funding fee$0$0$0
Note rate3.95%3.95%7.24%
Blended rate4.8%6.945%7.48%
1st payment$452.20$452.20$1,288.03
2nd payment$0.00$844.44$0.00
Taxes / mo$46.83$46.83$46.83
Insurance / mo$150.00$150.00$150.00
MI / mo$67.50$67.50$37.80
HOA / mo$0.00$0.00$0.00
Total monthly$716.53$1,560.97$1,522.66
Cash to close$147,665$21,000$21,000