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$83,309$83,309$287,100
Remaining term (yrs)19.619.630.0
Secondary amount$0$203,791$0
Funding fee$0$0$0
Note rate3.590%3.590%7.240%
Blended rate4.440%6.790%7.480%
1st payment$492.67$492.67$1,956.58
2nd payment$0.00$1,316.15$0.00
Taxes / mo$79.75$79.75$79.75
Insurance / mo$150.00$150.00$150.00
MI / mo$76.85$76.85$57.42
HOA / mo$0.00$0.00$0.00
Total monthly$799.27$2,115.42$2,243.75
Cash to close$235,691$31,900$31,900