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$140,776$140,776$283,410
Remaining term (yrs)21.721.730.0
Secondary amount$0$142,634$0
Funding fee$0$0$0
Note rate4.61%4.61%7.24%
Blended rate5.46%6.738%7.48%
1st payment$855.18$855.18$1,931.43
2nd payment$0.00$950.89$0.00
Taxes / mo$145.25$145.25$145.25
Insurance / mo$150.00$150.00$150.00
MI / mo$118.02$118.02$56.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,268.45$2,219.35$2,283.37
Cash to close$174,124$31,490$31,490