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$40,933$40,933$215,910
Remaining term (yrs)8.48.430.0
Secondary amount$0$174,977$0
Funding fee$0$0$0
Note rate5.88%5.88%7.24%
Blended rate6.73%7.759%7.48%
1st payment$510.87$510.87$1,471.42
2nd payment$0.00$1,166.51$0.00
Taxes / mo$60.83$60.83$60.83
Insurance / mo$150.00$150.00$150.00
MI / mo$61.14$61.14$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$782.85$1,949.36$1,725.44
Cash to close$198,967$23,990$23,990