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$29,935$29,935$333,000
Remaining term (yrs)17.717.730.0
Secondary amount$0$303,065$0
Funding fee$0$0$0
Note rate4.12%4.12%7.24%
Blended rate4.97%7.5%7.48%
1st payment$197.73$197.73$2,269.39
2nd payment$0.00$1,957.30$0.00
Taxes / mo$157.17$157.17$157.17
Insurance / mo$150.00$150.00$150.00
MI / mo$28.92$28.92$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$533.82$2,491.12$2,643.16
Cash to close$340,065$37,000$37,000