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$86,401$86,401$193,410
Remaining term (yrs)20.620.630.0
Secondary amount$0$107,009$0
Funding fee$0$0$0
Note rate4.05%4.05%7.24%
Blended rate4.9%6.615%7.48%
1st payment$514.85$514.85$1,318.09
2nd payment$0.00$713.40$0.00
Taxes / mo$49.67$49.67$49.67
Insurance / mo$150.00$150.00$150.00
MI / mo$75.93$75.93$38.68
HOA / mo$0.00$0.00$0.00
Total monthly$790.45$1,503.84$1,556.43
Cash to close$128,499$21,490$21,490