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$89,992$89,992$346,500
Remaining term (yrs)13.913.930.0
Secondary amount$0$256,508$0
Funding fee$0$0$0
Note rate4.360%4.360%7.240%
Blended rate5.210%7.090%7.480%
1st payment$716.63$716.63$2,361.39
2nd payment$0.00$1,656.61$0.00
Taxes / mo$236.25$236.25$236.25
Insurance / mo$150.00$150.00$150.00
MI / mo$101.85$101.85$69.30
HOA / mo$7.67$7.67$7.67
Total monthly$1,212.39$2,869.01$2,824.61
Cash to close$295,008$38,500$38,500