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$150,305$150,305$450,000
Remaining term (yrs)18.618.630.0
Secondary amount$0$299,695$0
Funding fee$0$0$0
Note rate3.800%3.800%7.240%
Blended rate4.650%6.715%7.480%
1st payment$937.91$937.91$3,066.74
2nd payment$0.00$1,935.53$0.00
Taxes / mo$150.67$150.67$150.67
Insurance / mo$166.67$166.67$166.67
MI / mo$142.58$142.58$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,397.82$3,333.35$3,474.07
Cash to close$349,695$50,000$50,000