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$58,155$58,155$134,910
Remaining term (yrs)21.321.330.0
Secondary amount$0$76,755$0
Funding fee$0$0$0
Note rate4.22%4.22%7.24%
Blended rate5.07%7.306%7.48%
1st payment$344.11$344.11$919.41
2nd payment$0.00$575.66$0.00
Taxes / mo$3.58$3.58$3.58
Insurance / mo$150.00$150.00$150.00
MI / mo$49.73$49.73$26.98
HOA / mo$0.00$0.00$0.00
Total monthly$547.42$1,123.08$1,099.97
Cash to close$91,745$14,990$14,990