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$73,592$73,592$233,100
Remaining term (yrs)19.119.130.0
Secondary amount$0$159,508$0
Funding fee$0$0$0
Note rate3.82%3.82%7.24%
Blended rate4.67%6.949%7.48%
1st payment$451.75$451.75$1,588.57
2nd payment$0.00$1,063.39$0.00
Taxes / mo$66.92$66.92$66.92
Insurance / mo$150.00$150.00$150.00
MI / mo$68.51$68.51$46.62
HOA / mo$0.00$0.00$0.00
Total monthly$737.18$1,800.56$1,852.11
Cash to close$185,408$25,900$25,900