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$139,333$139,333$283,410
Remaining term (yrs)20.820.830.0
Secondary amount$0$144,077$0
Funding fee$0$0$0
Note rate3.930%3.930%7.240%
Blended rate4.780%6.417%7.480%
1st payment$812.95$812.95$1,931.43
2nd payment$0.00$960.51$0.00
Taxes / mo$178.83$178.83$178.83
Insurance / mo$150.00$150.00$150.00
MI / mo$121.64$121.64$56.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,263.43$2,223.94$2,316.95
Cash to close$175,567$31,490$31,490