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$42,959$42,959$166,410
Remaining term (yrs)14.014.030.0
Secondary amount$0$123,451$0
Funding fee$0$0$0
Note rate4.37%4.37%7.24%
Blended rate5.22%7.282%7.48%
1st payment$340.84$340.84$1,134.08
2nd payment$0.00$823.01$0.00
Taxes / mo$70.83$70.83$70.83
Insurance / mo$150.00$150.00$150.00
MI / mo$48.38$48.38$33.28
HOA / mo$0.00$0.00$0.00
Total monthly$610.05$1,433.06$1,388.20
Cash to close$141,941$18,490$18,490