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$42,304$42,304$368,910
Remaining term (yrs)8.38.330.0
Secondary amount$0$326,606$0
Funding fee$0$0$0
Note rate5.77%5.77%7.24%
Blended rate6.62%7.62%7.48%
1st payment$529.74$529.74$2,514.11
2nd payment$0.00$2,109.33$0.00
Taxes / mo$189.58$189.58$189.58
Insurance / mo$150.00$150.00$150.00
MI / mo$64.16$64.16$73.78
HOA / mo$0.00$0.00$0.00
Total monthly$933.48$3,042.82$2,927.48
Cash to close$367,596$40,990$40,990