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$139,330$139,330$238,410
Remaining term (yrs)23.823.830.0
Secondary amount$0$99,080$0
Funding fee$0$0$0
Note rate3.130%3.130%7.240%
Blended rate3.980%6.066%7.480%
1st payment$690.25$690.25$1,624.76
2nd payment$0.00$743.10$0.00
Taxes / mo$94.08$94.08$94.08
Insurance / mo$150.00$150.00$150.00
MI / mo$114.06$114.06$47.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,048.39$1,791.49$1,916.53
Cash to close$125,570$26,490$26,490