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$87,447$87,447$224,910
Remaining term (yrs)21.721.730.0
Secondary amount$0$137,463$0
Funding fee$0$0$0
Note rate4.57%4.57%7.24%
Blended rate5.42%6.997%7.48%
1st payment$528.11$528.11$1,532.76
2nd payment$0.00$916.42$0.00
Taxes / mo$61.58$61.58$61.58
Insurance / mo$150.00$150.00$150.00
MI / mo$73.23$73.23$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$812.92$1,729.34$1,789.32
Cash to close$162,453$24,990$24,990