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$65,667$65,667$314,910
Remaining term (yrs)9.89.830.0
Secondary amount$0$249,243$0
Funding fee$0$0$0
Note rate6.73%6.73%7.24%
Blended rate7.58%7.715%7.48%
1st payment$757.79$757.79$2,146.11
2nd payment$0.00$1,609.69$0.00
Taxes / mo$143.83$143.83$143.83
Insurance / mo$150.00$150.00$150.00
MI / mo$82.93$82.93$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,134.55$2,744.24$2,502.92
Cash to close$284,233$34,990$34,990