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$32,442$32,442$108,000
Remaining term (yrs)12.712.730.0
Secondary amount$0$75,558$0
Funding fee$0$0$0
Note rate4.860%4.860%7.240%
Blended rate5.710%8.012%7.480%
1st payment$284.90$284.90$736.02
2nd payment$0.00$566.68$0.00
Taxes / mo$32.33$32.33$32.33
Insurance / mo$150.00$150.00$150.00
MI / mo$38.20$38.20$21.60
HOA / mo$0.00$0.00$0.00
Total monthly$505.43$1,072.11$939.95
Cash to close$87,558$12,000$12,000