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$10,541$10,541$179,550
Remaining term (yrs)1.61.630.0
Secondary amount$0$169,009$0
Funding fee$0$0$0
Note rate7.14%7.14%7.24%
Blended rate7.99%7.999%7.48%
1st payment$560.61$560.61$1,223.63
2nd payment$0.00$1,126.72$0.00
Taxes / mo$137.08$137.08$137.08
Insurance / mo$150.00$150.00$150.00
MI / mo$58.85$58.85$35.91
HOA / mo$185.00$185.00$185.00
Total monthly$1,091.55$2,218.27$1,731.62
Cash to close$188,959$19,950$19,950