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$66,893$66,893$270,000
Remaining term (yrs)22.522.530.0
Secondary amount$0$203,107$0
Funding fee$0$0$0
Note rate4.410%4.410%7.240%
Blended rate5.260%7.133%7.480%
1st payment$390.24$390.24$1,840.04
2nd payment$0.00$1,311.73$0.00
Taxes / mo$47.25$47.25$47.25
Insurance / mo$150.00$150.00$150.00
MI / mo$55.14$55.14$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$642.63$1,954.36$2,091.29
Cash to close$233,107$30,000$30,000