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$145,822$145,822$256,050
Remaining term (yrs)26.226.230.0
Secondary amount$0$110,228$0
Funding fee$0$0$0
Note rate6.48%6.48%7.24%
Blended rate7.33%7.448%7.48%
1st payment$963.05$963.05$1,744.98
2nd payment$0.00$734.86$0.00
Taxes / mo$81.50$81.50$81.50
Insurance / mo$150.00$150.00$150.00
MI / mo$69.98$69.98$51.21
HOA / mo$0.00$0.00$0.00
Total monthly$1,264.53$1,999.39$2,027.69
Cash to close$138,678$28,450$28,450