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$134,450$134,450$477,000
Remaining term (yrs)11.611.630.0
Secondary amount$0$342,550$0
Funding fee$0$0$0
Note rate5.65%5.65%7.24%
Blended rate6.5%7.398%7.48%
1st payment$1,313.58$1,313.58$3,250.75
2nd payment$0.00$2,212.30$0.00
Taxes / mo$206.83$206.83$206.83
Insurance / mo$166.67$166.67$166.67
MI / mo$161.19$161.19$95.40
HOA / mo$52.00$52.00$52.00
Total monthly$1,900.27$4,112.57$3,771.65
Cash to close$395,550$53,000$53,000