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$81,536$81,536$292,500
Remaining term (yrs)13.613.630.0
Secondary amount$0$210,964$0
Funding fee$0$0$0
Note rate5.070%5.070%7.240%
Blended rate5.920%7.240%7.480%
1st payment$690.16$690.16$1,993.38
2nd payment$0.00$1,362.47$0.00
Taxes / mo$210.42$210.42$210.42
Insurance / mo$150.00$150.00$150.00
MI / mo$90.35$90.35$58.50
HOA / mo$5.00$5.00$5.00
Total monthly$1,145.92$2,508.40$2,417.30
Cash to close$243,464$32,500$32,500