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$54,171$54,171$233,910
Remaining term (yrs)16.516.530.0
Secondary amount$0$179,739$0
Funding fee$0$0$0
Note rate3.540%3.540%7.240%
Blended rate4.390%7.164%7.480%
1st payment$360.28$360.28$1,594.09
2nd payment$0.00$1,198.26$0.00
Taxes / mo$77.00$77.00$77.00
Insurance / mo$150.00$150.00$150.00
MI / mo$56.55$56.55$46.78
HOA / mo$0.00$0.00$0.00
Total monthly$643.83$1,842.09$1,867.87
Cash to close$205,729$25,990$25,990