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$124,843$124,843$323,999
Remaining term (yrs)18.718.730.0
Secondary amount$0$199,157$0
Funding fee$0$0$0
Note rate4.08%4.08%7.24%
Blended rate4.93%6.817%7.48%
1st payment$792.44$792.44$2,208.05
2nd payment$0.00$1,327.71$0.00
Taxes / mo$136.67$136.67$136.67
Insurance / mo$150.00$150.00$150.00
MI / mo$116.45$116.45$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,195.56$2,523.27$2,559.51
Cash to close$235,156$36,000$36,000