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$125,123$125,123$256,410
Remaining term (yrs)21.021.030.0
Secondary amount$0$131,287$0
Funding fee$0$0$0
Note rate3.880%3.880%7.240%
Blended rate4.730%6.404%7.480%
1st payment$723.02$723.02$1,747.43
2nd payment$0.00$875.25$0.00
Taxes / mo$198.83$198.83$198.83
Insurance / mo$150.00$150.00$150.00
MI / mo$108.85$108.85$51.28
HOA / mo$270.00$270.00$270.00
Total monthly$1,450.70$2,325.95$2,417.54
Cash to close$159,777$28,490$28,490