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$60,994$60,994$225,000
Remaining term (yrs)15.515.530.0
Secondary amount$0$164,006$0
Funding fee$0$0$0
Note rate3.92%3.92%7.24%
Blended rate4.77%7.124%7.48%
1st payment$436.39$436.39$1,533.37
2nd payment$0.00$1,093.37$0.00
Taxes / mo$80.67$80.67$80.67
Insurance / mo$150.00$150.00$150.00
MI / mo$65.38$65.38$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$732.44$1,825.81$1,809.04
Cash to close$189,006$25,000$25,000