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$93,027$93,027$215,910
Remaining term (yrs)20.220.230.0
Secondary amount$0$122,883$0
Funding fee$0$0$0
Note rate4.030%4.030%7.240%
Blended rate4.880%6.656%7.480%
1st payment$560.66$560.66$1,471.42
2nd payment$0.00$819.22$0.00
Taxes / mo$116.42$116.42$116.42
Insurance / mo$150.00$150.00$150.00
MI / mo$82.88$82.88$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$909.96$1,729.18$1,781.02
Cash to close$146,873$23,990$23,990