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$75,387$75,387$265,500
Remaining term (yrs)15.215.230.0
Secondary amount$0$190,113$0
Funding fee$0$0$0
Note rate3.990%3.990%7.240%
Blended rate4.840%7.103%7.480%
1st payment$548.40$548.40$1,809.38
2nd payment$0.00$1,267.42$0.00
Taxes / mo$134.33$134.33$134.33
Insurance / mo$150.00$150.00$150.00
MI / mo$81.46$81.46$53.10
HOA / mo$0.00$0.00$0.00
Total monthly$914.20$2,181.62$2,146.81
Cash to close$219,613$29,500$29,500