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$82,856$82,856$296,910
Remaining term (yrs)17.617.630.0
Secondary amount$0$214,054$0
Funding fee$0$0$0
Note rate4.290%4.290%7.240%
Blended rate5.140%7.022%7.480%
1st payment$558.13$558.13$2,023.44
2nd payment$0.00$1,382.43$0.00
Taxes / mo$145.17$145.17$145.17
Insurance / mo$150.00$150.00$150.00
MI / mo$79.98$79.98$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$933.28$2,315.71$2,377.98
Cash to close$247,044$32,990$32,990