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$149,391$149,391$188,550
Remaining term (yrs)26.126.130.0
Secondary amount$0$39,159$0
Funding fee$0$0$0
Note rate7.08%7.08%7.24%
Blended rate7.93%8.152%7.48%
1st payment$1,046.41$1,046.41$1,284.96
2nd payment$0.00$293.69$0.00
Taxes / mo$62.58$62.58$62.58
Insurance / mo$150.00$150.00$150.00
MI / mo$110.51$110.51$37.71
HOA / mo$0.00$0.00$0.00
Total monthly$1,369.51$1,663.20$1,535.26
Cash to close$60,109$20,950$20,950