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$54,721$54,721$242,910
Remaining term (yrs)21.821.830.0
Secondary amount$0$188,189$0
Funding fee$0$0$0
Note rate4.53%4.53%7.24%
Blended rate5.38%7.41%7.48%
1st payment$328.53$328.53$1,655.43
2nd payment$0.00$1,254.60$0.00
Taxes / mo$47.83$47.83$47.83
Insurance / mo$150.00$150.00$150.00
MI / mo$45.77$45.77$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$572.13$1,826.72$1,901.84
Cash to close$215,179$26,990$26,990