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$54,076$54,076$112,500
Remaining term (yrs)14.514.530.0
Secondary amount$0$58,424$0
Funding fee$0$0$0
Note rate4.81%4.81%7.24%
Blended rate5.66%7.395%7.48%
1st payment$430.55$430.55$766.69
2nd payment$0.00$438.18$0.00
Taxes / mo$135.50$135.50$135.50
Insurance / mo$150.00$150.00$150.00
MI / mo$58.06$58.06$22.50
HOA / mo$0.00$0.00$0.00
Total monthly$774.11$1,212.29$1,074.69
Cash to close$70,924$12,500$12,500