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$50,677$50,677$204,300
Remaining term (yrs)18.918.930.0
Secondary amount$0$153,623$0
Funding fee$0$0$0
Note rate3.91%3.91%7.24%
Blended rate4.76%7.196%7.48%
1st payment$315.31$315.31$1,392.30
2nd payment$0.00$1,024.15$0.00
Taxes / mo$98.75$98.75$98.75
Insurance / mo$150.00$150.00$150.00
MI / mo$47.29$47.29$40.86
HOA / mo$0.00$0.00$0.00
Total monthly$611.35$1,635.50$1,681.91
Cash to close$176,323$22,700$22,700