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$101,514$101,514$215,910
Remaining term (yrs)20.920.930.0
Secondary amount$0$114,396$0
Funding fee$0$0$0
Note rate4.530%4.530%7.240%
Blended rate5.380%6.768%7.480%
1st payment$625.08$625.08$1,471.42
2nd payment$0.00$762.64$0.00
Taxes / mo$156.42$156.42$156.42
Insurance / mo$150.00$150.00$150.00
MI / mo$85.68$85.68$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,017.17$1,779.81$1,821.02
Cash to close$138,386$23,990$23,990