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$93,462$93,462$279,000
Remaining term (yrs)14.614.630.0
Secondary amount$0$185,538$0
Funding fee$0$0$0
Note rate4.78%4.78%7.24%
Blended rate5.63%7.206%7.48%
1st payment$739.77$739.77$1,901.38
2nd payment$0.00$1,236.92$0.00
Taxes / mo$220.25$220.25$220.25
Insurance / mo$150.00$150.00$150.00
MI / mo$100.10$100.10$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,210.13$2,447.04$2,327.43
Cash to close$216,538$31,000$31,000