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$135,253$135,253$206,910
Remaining term (yrs)22.822.830.0
Secondary amount$0$71,657$0
Funding fee$0$0$0
Note rate3.750%3.750%7.240%
Blended rate4.600%6.124%7.480%
1st payment$732.11$732.11$1,410.09
2nd payment$0.00$537.43$0.00
Taxes / mo$125.33$125.33$125.33
Insurance / mo$150.00$150.00$150.00
MI / mo$111.98$111.98$41.38
HOA / mo$165.00$165.00$165.00
Total monthly$1,284.42$1,821.85$1,891.80
Cash to close$94,647$22,990$22,990