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$137,413$137,413$179,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$41,687$0
Funding fee$0$0$0
Note rate5.1%5.1%7.24%
Blended rate5.95%6.66%7.48%
1st payment$799.67$799.67$1,220.56
2nd payment$0.00$312.65$0.00
Taxes / mo$98.58$98.58$98.58
Insurance / mo$150.00$150.00$150.00
MI / mo$104.33$104.33$35.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,152.58$1,465.23$1,504.97
Cash to close$61,587$19,900$19,900