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$134,441$134,441$359,100
Remaining term (yrs)19.019.030.0
Secondary amount$0$224,659$0
Funding fee$0$0$0
Note rate3.890%3.890%7.240%
Blended rate4.740%6.623%7.480%
1st payment$832.61$832.61$2,447.26
2nd payment$0.00$1,450.92$0.00
Taxes / mo$161.25$161.25$161.25
Insurance / mo$150.00$150.00$150.00
MI / mo$125.19$125.19$71.82
HOA / mo$35.00$35.00$35.00
Total monthly$1,304.05$2,754.97$2,865.33
Cash to close$264,559$39,900$39,900