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$98,482$98,482$427,410
Remaining term (yrs)18.018.030.0
Secondary amount$0$328,928$0
Funding fee$0$0$0
Note rate4.160%4.160%7.240%
Blended rate5.010%7.119%7.480%
1st payment$644.50$644.50$2,912.79
2nd payment$0.00$2,124.32$0.00
Taxes / mo$165.50$165.50$165.50
Insurance / mo$166.67$166.67$166.67
MI / mo$93.80$93.80$85.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,070.47$3,194.80$3,330.44
Cash to close$376,418$47,490$47,490