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$155,264$155,264$197,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$41,836$0
Funding fee$0$0$0
Note rate4.980%4.980%7.240%
Blended rate5.830%6.503%7.480%
1st payment$894.02$894.02$1,343.23
2nd payment$0.00$313.77$0.00
Taxes / mo$73.00$73.00$73.00
Insurance / mo$150.00$150.00$150.00
MI / mo$118.24$118.24$39.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,235.26$1,549.03$1,605.65
Cash to close$63,736$21,900$21,900