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$50,545$50,545$166,500
Remaining term (yrs)20.820.830.0
Secondary amount$0$115,955$0
Funding fee$0$0$0
Note rate4.03%4.03%7.24%
Blended rate4.88%7.053%7.48%
1st payment$298.35$298.35$1,134.69
2nd payment$0.00$773.04$0.00
Taxes / mo$39.25$39.25$39.25
Insurance / mo$150.00$150.00$150.00
MI / mo$44.11$44.11$33.30
HOA / mo$0.00$0.00$0.00
Total monthly$531.71$1,304.74$1,357.24
Cash to close$134,455$18,500$18,500