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$110,146$110,146$305,100
Remaining term (yrs)29.329.330.0
Secondary amount$0$194,954$0
Funding fee$0$0$0
Note rate6.16%6.16%7.24%
Blended rate6.71%7.534%7.48%
1st payment$676.39$676.39$2,079.25
2nd payment$0.00$1,299.69$0.00
Taxes / mo$31.25$31.25$31.25
Insurance / mo$150.00$150.00$150.00
MI / mo$50.83$50.83$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$908.48$2,208.17$2,321.52
Cash to close$228,854$33,900$33,900