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$135,791$135,791$232,200
Remaining term (yrs)21.821.830.0
Secondary amount$0$96,409$0
Funding fee$0$0$0
Note rate4.6%4.6%7.24%
Blended rate5.45%6.924%7.48%
1st payment$820.50$820.50$1,582.44
2nd payment$0.00$723.07$0.00
Taxes / mo$133.92$133.92$133.92
Insurance / mo$150.00$150.00$150.00
MI / mo$113.37$113.37$46.44
HOA / mo$180.00$180.00$180.00
Total monthly$1,397.78$2,120.85$2,092.80
Cash to close$122,209$25,800$25,800