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$90,691$90,691$247,500
Remaining term (yrs)20.520.530.0
Secondary amount$0$156,809$0
Funding fee$0$0$0
Note rate4.300%4.300%7.240%
Blended rate5.150%6.956%7.480%
1st payment$553.93$553.93$1,686.71
2nd payment$0.00$1,045.40$0.00
Taxes / mo$93.67$93.67$93.67
Insurance / mo$150.00$150.00$150.00
MI / mo$79.29$79.29$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$876.89$1,922.28$1,979.87
Cash to close$184,309$27,500$27,500