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$64,586$64,586$305,100
Remaining term (yrs)11.611.630.0
Secondary amount$0$240,514$0
Funding fee$0$0$0
Note rate6.060%6.060%7.240%
Blended rate6.910%7.572%7.480%
1st payment$644.58$644.58$2,079.25
2nd payment$0.00$1,553.32$0.00
Taxes / mo$161.58$161.58$161.58
Insurance / mo$150.00$150.00$150.00
MI / mo$75.67$75.67$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,031.83$2,585.15$2,451.85
Cash to close$274,414$33,900$33,900