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$144,682$144,682$189,000
Remaining term (yrs)28.228.230.0
Secondary amount$0$44,318$0
Funding fee$0$0$0
Note rate6.69%6.69%7.24%
Blended rate7.24%7.653%7.48%
1st payment$951.05$951.05$1,288.03
2nd payment$0.00$332.38$0.00
Taxes / mo$84.25$84.25$84.25
Insurance / mo$150.00$150.00$150.00
MI / mo$67.62$67.62$37.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,252.92$1,585.30$1,560.08
Cash to close$65,318$21,000$21,000