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$43,111$43,111$225,000
Remaining term (yrs)26.926.930.0
Secondary amount$0$181,889$0
Funding fee$0$0$0
Note rate6.77%6.77%7.24%
Blended rate7.32%7.87%7.48%
1st payment$290.09$290.09$1,533.37
2nd payment$0.00$1,212.60$0.00
Taxes / mo$62.17$62.17$62.17
Insurance / mo$150.00$150.00$150.00
MI / mo$20.24$20.24$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$522.49$1,735.09$1,790.54
Cash to close$206,889$25,000$25,000