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$105,422$105,422$279,000
Remaining term (yrs)20.320.330.0
Secondary amount$0$173,578$0
Funding fee$0$0$0
Note rate4.37%4.37%7.24%
Blended rate5.22%6.95%7.48%
1st payment$651.15$651.15$1,901.38
2nd payment$0.00$1,157.19$0.00
Taxes / mo$138.50$138.50$138.50
Insurance / mo$150.00$150.00$150.00
MI / mo$92.43$92.43$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,032.09$2,189.28$2,245.68
Cash to close$204,578$31,000$31,000