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$76,010$76,010$333,000
Remaining term (yrs)17.917.930.0
Secondary amount$0$256,990$0
Funding fee$0$0$0
Note rate4.100%4.100%7.240%
Blended rate4.950%7.111%7.480%
1st payment$498.15$498.15$2,269.39
2nd payment$0.00$1,659.73$0.00
Taxes / mo$193.83$193.83$193.83
Insurance / mo$150.00$150.00$150.00
MI / mo$73.03$73.03$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$915.01$2,574.74$2,679.82
Cash to close$293,990$37,000$37,000