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$67,396$67,396$161,910
Remaining term (yrs)20.020.030.0
Secondary amount$0$94,514$0
Funding fee$0$0$0
Note rate3.46%3.46%7.24%
Blended rate4.31%7.048%7.48%
1st payment$388.37$388.37$1,103.41
2nd payment$0.00$708.85$0.00
Taxes / mo$82.17$82.17$82.17
Insurance / mo$150.00$150.00$150.00
MI / mo$61.57$61.57$32.38
HOA / mo$0.00$0.00$0.00
Total monthly$682.10$1,390.95$1,367.96
Cash to close$112,504$17,990$17,990