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$150,297$150,297$229,410
Remaining term (yrs)21.721.730.0
Secondary amount$0$79,113$0
Funding fee$0$0$0
Note rate4.54%4.54%7.24%
Blended rate5.39%6.635%7.48%
1st payment$907.21$907.21$1,563.42
2nd payment$0.00$593.35$0.00
Taxes / mo$158.17$158.17$158.17
Insurance / mo$150.00$150.00$150.00
MI / mo$126.23$126.23$45.88
HOA / mo$190.00$190.00$190.00
Total monthly$1,531.61$2,124.96$2,107.47
Cash to close$104,603$25,490$25,490