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$117,065$117,065$224,550
Remaining term (yrs)26.326.330.0
Secondary amount$0$107,485$0
Funding fee$0$0$0
Note rate6.270%6.270%7.240%
Blended rate6.820%7.385%7.480%
1st payment$756.69$756.69$1,530.30
2nd payment$0.00$716.57$0.00
Taxes / mo$31.00$31.00$31.00
Insurance / mo$150.00$150.00$150.00
MI / mo$56.21$56.21$44.91
HOA / mo$0.00$0.00$0.00
Total monthly$993.90$1,710.47$1,756.21
Cash to close$132,435$24,950$24,950