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$86,243$86,243$215,910
Remaining term (yrs)16.716.730.0
Secondary amount$0$129,667$0
Funding fee$0$0$0
Note rate3.54%3.54%7.24%
Blended rate4.39%6.558%7.48%
1st payment$569.39$569.39$1,471.42
2nd payment$0.00$864.45$0.00
Taxes / mo$126.83$126.83$126.83
Insurance / mo$150.00$150.00$150.00
MI / mo$89.37$89.37$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$935.59$1,800.04$1,791.44
Cash to close$153,657$23,990$23,990