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$129,354$129,354$215,910
Remaining term (yrs)23.523.530.0
Secondary amount$0$86,556$0
Funding fee$0$0$0
Note rate3.33%3.33%7.24%
Blended rate4.18%6.112%7.48%
1st payment$660.42$660.42$1,471.42
2nd payment$0.00$649.17$0.00
Taxes / mo$116.75$116.75$116.75
Insurance / mo$150.00$150.00$150.00
MI / mo$106.41$106.41$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,033.58$1,682.75$1,781.35
Cash to close$110,546$23,990$23,990