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$148,068$148,068$315,000
Remaining term (yrs)21.521.530.0
Secondary amount$0$166,932$0
Funding fee$0$0$0
Note rate4.460%4.460%7.240%
Blended rate5.310%6.736%7.480%
1st payment$891.31$891.31$2,146.72
2nd payment$0.00$1,112.88$0.00
Taxes / mo$205.67$205.67$205.67
Insurance / mo$150.00$150.00$150.00
MI / mo$125.19$125.19$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,372.17$2,485.05$2,565.39
Cash to close$201,932$35,000$35,000