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$102,829$102,829$242,910
Remaining term (yrs)20.020.030.0
Secondary amount$0$140,081$0
Funding fee$0$0$0
Note rate4.03%4.03%7.24%
Blended rate4.88%6.679%7.48%
1st payment$623.06$623.06$1,655.43
2nd payment$0.00$933.87$0.00
Taxes / mo$102.25$102.25$102.25
Insurance / mo$150.00$150.00$150.00
MI / mo$92.11$92.11$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$967.42$1,901.30$1,956.26
Cash to close$167,071$26,990$26,990