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$115,816$115,816$332,910
Remaining term (yrs)14.614.630.0
Secondary amount$0$217,094$0
Funding fee$0$0$0
Note rate3.09%3.09%7.24%
Blended rate3.94%6.425%7.48%
1st payment$819.21$819.21$2,268.78
2nd payment$0.00$1,402.07$0.00
Taxes / mo$212.00$212.00$212.00
Insurance / mo$150.00$150.00$150.00
MI / mo$103.79$103.79$66.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,285.00$2,687.07$2,697.36
Cash to close$254,084$36,990$36,990