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$81,892$81,892$152,799
Remaining term (yrs)28.228.230.0
Secondary amount$0$70,908$0
Funding fee$0$0$0
Note rate6.930%6.930%7.240%
Blended rate7.480%8.185%7.480%
1st payment$551.18$551.18$1,041.32
2nd payment$0.00$531.81$0.00
Taxes / mo$54.58$54.58$54.58
Insurance / mo$150.00$150.00$150.00
MI / mo$38.24$38.24$30.56
HOA / mo$0.00$0.00$0.00
Total monthly$794.00$1,325.81$1,276.47
Cash to close$87,885$16,978$16,978