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$28,777$28,777$116,910
Remaining term (yrs)10.810.830.0
Secondary amount$0$88,133$0
Funding fee$0$0$0
Note rate6.730%6.730%7.240%
Blended rate7.580%8.650%7.480%
1st payment$310.75$310.75$796.74
2nd payment$0.00$660.99$0.00
Taxes / mo$98.17$98.17$98.17
Insurance / mo$150.00$150.00$150.00
MI / mo$34.01$34.01$23.38
HOA / mo$395.00$395.00$395.00
Total monthly$987.93$1,648.92$1,463.29
Cash to close$101,123$12,990$12,990