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$139,824$139,824$215,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$76,086$0
Funding fee$0$0$0
Note rate3.33%3.33%7.24%
Blended rate4.18%5.879%7.48%
1st payment$712.22$712.22$1,471.42
2nd payment$0.00$570.65$0.00
Taxes / mo$138.17$138.17$138.17
Insurance / mo$150.00$150.00$150.00
MI / mo$114.76$114.76$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,115.14$1,685.78$1,802.77
Cash to close$100,076$23,990$23,990