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$82,765$82,765$252,000
Remaining term (yrs)17.517.530.0
Secondary amount$0$169,235$0
Funding fee$0$0$0
Note rate4.34%4.34%7.24%
Blended rate5.19%7.077%7.48%
1st payment$561.45$561.45$1,717.38
2nd payment$0.00$1,128.23$0.00
Taxes / mo$149.33$149.33$149.33
Insurance / mo$150.00$150.00$150.00
MI / mo$79.98$79.98$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$940.77$2,069.00$2,067.11
Cash to close$197,235$28,000$28,000