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$138,553$138,553$269,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$131,357$0
Funding fee$0$0$0
Note rate3.33%3.33%7.24%
Blended rate4.18%6.039%7.48%
1st payment$705.74$705.74$1,839.43
2nd payment$0.00$875.72$0.00
Taxes / mo$168.58$168.58$168.58
Insurance / mo$150.00$150.00$150.00
MI / mo$113.71$113.71$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,138.04$2,013.75$2,212.00
Cash to close$161,347$29,990$29,990