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$126,242$126,242$247,500
Remaining term (yrs)21.121.130.0
Secondary amount$0$121,258$0
Funding fee$0$0$0
Note rate3.94%3.94%7.24%
Blended rate4.79%6.363%7.48%
1st payment$733.51$733.51$1,686.71
2nd payment$0.00$808.39$0.00
Taxes / mo$160.75$160.75$160.75
Insurance / mo$150.00$150.00$150.00
MI / mo$109.62$109.62$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,153.88$1,962.27$2,046.96
Cash to close$148,758$27,500$27,500