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$55,526$55,526$152,910
Remaining term (yrs)14.614.630.0
Secondary amount$0$97,384$0
Funding fee$0$0$0
Note rate4.710%4.710%7.240%
Blended rate5.560%7.751%7.480%
1st payment$437.50$437.50$1,042.08
2nd payment$0.00$730.38$0.00
Taxes / mo$91.33$91.33$91.33
Insurance / mo$150.00$150.00$150.00
MI / mo$59.68$59.68$30.58
HOA / mo$0.00$0.00$0.00
Total monthly$738.52$1,468.90$1,313.99
Cash to close$114,374$16,990$16,990