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$138,583$138,583$224,910
Remaining term (yrs)23.323.330.0
Secondary amount$0$86,327$0
Funding fee$0$0$0
Note rate3.51%3.51%7.24%
Blended rate4.36%6.141%7.48%
1st payment$723.99$723.99$1,532.76
2nd payment$0.00$647.46$0.00
Taxes / mo$99.25$99.25$99.25
Insurance / mo$150.00$150.00$150.00
MI / mo$114.06$114.06$44.98
HOA / mo$154.00$154.00$154.00
Total monthly$1,241.30$1,888.76$1,980.99
Cash to close$111,317$24,990$24,990