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$16,545$16,545$332,100
Remaining term (yrs)4.14.130.0
Secondary amount$0$315,555$0
Funding fee$0$0$0
Note rate7.84%7.84%7.24%
Blended rate8.69%7.797%7.48%
1st payment$388.96$388.96$2,263.26
2nd payment$0.00$2,037.96$0.00
Taxes / mo$198.25$198.25$198.25
Insurance / mo$150.00$150.00$150.00
MI / mo$38.13$38.13$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$775.34$2,813.30$2,677.93
Cash to close$352,455$36,900$36,900