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$57,935$57,935$377,100
Remaining term (yrs)14.714.730.0
Secondary amount$0$319,165$0
Funding fee$0$0$0
Note rate4.570%4.570%7.240%
Blended rate5.420%7.392%7.480%
1st payment$450.54$450.54$2,569.93
2nd payment$0.00$2,061.27$0.00
Taxes / mo$84.92$84.92$84.92
Insurance / mo$150.00$150.00$150.00
MI / mo$62.47$62.47$75.42
HOA / mo$0.00$0.00$0.00
Total monthly$747.92$2,809.20$2,880.27
Cash to close$361,065$41,900$41,900