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$139,883$139,883$215,100
Remaining term (yrs)29.629.630.0
Secondary amount$0$75,217$0
Funding fee$0$0$0
Note rate6.3%6.3%7.24%
Blended rate6.85%7.602%7.48%
1st payment$869.13$869.13$1,465.90
2nd payment$0.00$564.13$0.00
Taxes / mo$98.58$98.58$98.58
Insurance / mo$150.00$150.00$150.00
MI / mo$64.36$64.36$43.02
HOA / mo$0.00$0.00$0.00
Total monthly$1,182.07$1,746.20$1,757.51
Cash to close$99,117$23,900$23,900