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$42,241$42,241$196,650
Remaining term (yrs)13.613.630.0
Secondary amount$0$154,409$0
Funding fee$0$0$0
Note rate5.38%5.38%7.24%
Blended rate6.23%7.62%7.48%
1st payment$364.31$364.31$1,340.17
2nd payment$0.00$1,029.39$0.00
Taxes / mo$84.25$84.25$84.25
Insurance / mo$150.00$150.00$150.00
MI / mo$46.06$46.06$39.33
HOA / mo$0.00$0.00$0.00
Total monthly$644.62$1,674.01$1,613.75
Cash to close$176,259$21,850$21,850