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$57,679$57,679$367,110
Remaining term (yrs)6.76.730.0
Secondary amount$0$309,431$0
Funding fee$0$0$0
Note rate5.52%5.52%7.24%
Blended rate6.37%7.533%7.48%
1st payment$845.98$845.98$2,501.85
2nd payment$0.00$1,998.41$0.00
Taxes / mo$221.33$221.33$221.33
Insurance / mo$150.00$150.00$150.00
MI / mo$105.31$105.31$73.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,322.62$3,321.03$2,946.60
Cash to close$350,221$40,790$40,790