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$80,851$80,851$341,910
Remaining term (yrs)16.216.230.0
Secondary amount$0$261,059$0
Funding fee$0$0$0
Note rate3.390%3.390%7.240%
Blended rate4.240%6.920%7.480%
1st payment$539.83$539.83$2,330.11
2nd payment$0.00$1,686.01$0.00
Taxes / mo$201.75$201.75$201.75
Insurance / mo$150.00$150.00$150.00
MI / mo$86.33$86.33$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$977.91$2,663.91$2,750.24
Cash to close$299,049$37,990$37,990