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$145,441$145,441$193,500
Remaining term (yrs)28.628.630.0
Secondary amount$0$48,059$0
Funding fee$0$0$0
Note rate6.81%6.81%7.24%
Blended rate7.36%7.767%7.48%
1st payment$962.81$962.81$1,318.70
2nd payment$0.00$360.45$0.00
Taxes / mo$72.50$72.50$72.50
Insurance / mo$150.00$150.00$150.00
MI / mo$67.62$67.62$38.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,252.93$1,613.38$1,579.90
Cash to close$69,559$21,500$21,500