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$73,928$73,928$308,610
Remaining term (yrs)14.714.730.0
Secondary amount$0$234,682$0
Funding fee$0$0$0
Note rate4.490%4.490%7.240%
Blended rate5.340%7.173%7.480%
1st payment$567.38$567.38$2,103.17
2nd payment$0.00$1,515.66$0.00
Taxes / mo$166.92$166.92$166.92
Insurance / mo$150.00$150.00$150.00
MI / mo$79.41$79.41$61.72
HOA / mo$0.00$0.00$0.00
Total monthly$963.71$2,479.36$2,481.81
Cash to close$268,972$34,290$34,290