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$139,659$139,659$261,000
Remaining term (yrs)20.720.730.0
Secondary amount$0$121,341$0
Funding fee$0$0$0
Note rate4.62%4.62%7.24%
Blended rate5.47%6.646%7.48%
1st payment$870.95$870.95$1,778.71
2nd payment$0.00$808.94$0.00
Taxes / mo$105.33$105.33$105.33
Insurance / mo$150.00$150.00$150.00
MI / mo$118.17$118.17$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,244.45$2,053.39$2,086.24
Cash to close$150,341$29,000$29,000