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$87,295$87,295$269,910
Remaining term (yrs)11.511.530.0
Secondary amount$0$182,615$0
Funding fee$0$0$0
Note rate5.88%5.88%7.24%
Blended rate6.73%7.589%7.48%
1st payment$867.46$867.46$1,839.43
2nd payment$0.00$1,217.44$0.00
Taxes / mo$151.42$151.42$151.42
Insurance / mo$150.00$150.00$150.00
MI / mo$103.82$103.82$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,272.70$2,490.13$2,194.83
Cash to close$212,605$29,990$29,990