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$87,094$87,094$225,000
Remaining term (yrs)21.021.030.0
Secondary amount$0$137,906$0
Funding fee$0$0$0
Note rate3.83%3.83%7.24%
Blended rate4.68%6.715%7.48%
1st payment$502.26$502.26$1,533.37
2nd payment$0.00$919.37$0.00
Taxes / mo$143.83$143.83$143.83
Insurance / mo$150.00$150.00$150.00
MI / mo$76.07$76.07$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$872.17$1,791.54$1,872.20
Cash to close$162,906$25,000$25,000