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$89,875$89,875$260,910
Remaining term (yrs)16.816.830.0
Secondary amount$0$171,035$0
Funding fee$0$0$0
Note rate4.370%4.370%7.240%
Blended rate5.220%7.042%7.480%
1st payment$627.14$627.14$1,778.10
2nd payment$0.00$1,140.23$0.00
Taxes / mo$92.58$92.58$92.58
Insurance / mo$150.00$150.00$150.00
MI / mo$89.02$89.02$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$958.74$2,098.97$2,072.86
Cash to close$200,025$28,990$28,990