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$221,795$221,795$350,910
Remaining term (yrs)21.721.730.0
Secondary amount$0$129,115$0
Funding fee$0$0$0
Note rate4.55%4.55%7.24%
Blended rate5.4%6.357%7.48%
1st payment$1,340.01$1,340.01$2,391.45
2nd payment$0.00$860.77$0.00
Taxes / mo$239.17$239.17$239.17
Insurance / mo$150.00$150.00$150.00
MI / mo$186.24$186.24$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,915.41$2,776.18$2,850.79
Cash to close$168,105$38,990$38,990