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$30,823$30,823$139,860
Remaining term (yrs)12.212.230.0
Secondary amount$0$109,037$0
Funding fee$0$0$0
Note rate5.08%5.08%7.24%
Blended rate5.93%7.544%7.48%
1st payment$280.70$280.70$953.14
2nd payment$0.00$726.91$0.00
Taxes / mo$113.08$113.08$113.08
Insurance / mo$150.00$150.00$150.00
MI / mo$36.70$36.70$27.97
HOA / mo$330.00$330.00$330.00
Total monthly$910.48$1,637.40$1,574.20
Cash to close$124,577$15,540$15,540