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$110,797$110,797$233,910
Remaining term (yrs)19.919.930.0
Secondary amount$0$123,113$0
Funding fee$0$0$0
Note rate3.45%3.45%7.24%
Blended rate4.3%6.247%7.48%
1st payment$639.73$639.73$1,594.09
2nd payment$0.00$820.75$0.00
Taxes / mo$156.50$156.50$156.50
Insurance / mo$150.00$150.00$150.00
MI / mo$101.54$101.54$46.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,047.78$1,868.53$1,947.37
Cash to close$149,103$25,990$25,990