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$17,435$17,435$135,000
Remaining term (yrs)2.22.230.0
Secondary amount$0$117,565$0
Funding fee$0$0$0
Note rate2.700%2.700%7.240%
Blended rate3.550%7.425%7.480%
1st payment$666.28$666.28$920.02
2nd payment$0.00$783.77$0.00
Taxes / mo$117.75$117.75$117.75
Insurance / mo$150.00$150.00$150.00
MI / mo$73.51$73.51$27.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,007.55$1,791.31$1,214.77
Cash to close$132,565$15,000$15,000