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$81,516$81,516$197,910
Remaining term (yrs)18.318.330.0
Secondary amount$0$116,394$0
Funding fee$0$0$0
Note rate3.630%3.630%7.240%
Blended rate4.480%6.550%7.480%
1st payment$506.31$506.31$1,348.75
2nd payment$0.00$775.96$0.00
Taxes / mo$146.50$146.50$146.50
Insurance / mo$150.00$150.00$150.00
MI / mo$78.59$78.59$39.58
HOA / mo$145.00$145.00$145.00
Total monthly$1,026.41$1,802.37$1,829.83
Cash to close$138,384$21,990$21,990