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$149,692$149,692$220,500
Remaining term (yrs)22.322.330.0
Secondary amount$0$70,808$0
Funding fee$0$0$0
Note rate4.450%4.450%7.240%
Blended rate5.300%6.488%7.480%
1st payment$880.37$880.37$1,502.70
2nd payment$0.00$531.06$0.00
Taxes / mo$132.75$132.75$132.75
Insurance / mo$150.00$150.00$150.00
MI / mo$123.80$123.80$44.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,286.92$1,817.99$1,829.55
Cash to close$95,308$24,500$24,500