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$76,016$76,016$224,910
Remaining term (yrs)16.216.230.0
Secondary amount$0$148,894$0
Funding fee$0$0$0
Note rate3.320%3.320%7.240%
Blended rate4.170%6.706%7.480%
1st payment$504.92$504.92$1,532.76
2nd payment$0.00$992.63$0.00
Taxes / mo$231.92$231.92$231.92
Insurance / mo$150.00$150.00$150.00
MI / mo$81.46$81.46$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$968.29$1,960.92$1,959.66
Cash to close$173,884$24,990$24,990