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$121,098$121,098$306,000
Remaining term (yrs)21.921.930.0
Secondary amount$0$184,902$0
Funding fee$0$0$0
Note rate4.52%4.52%7.24%
Blended rate5.37%6.959%7.48%
1st payment$724.76$724.76$2,085.38
2nd payment$0.00$1,232.68$0.00
Taxes / mo$53.17$53.17$53.17
Insurance / mo$150.00$150.00$150.00
MI / mo$101.08$101.08$61.20
HOA / mo$8.33$8.33$8.33
Total monthly$1,037.34$2,270.02$2,358.08
Cash to close$218,902$34,000$34,000