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$61,116$61,116$135,000
Remaining term (yrs)13.313.330.0
Secondary amount$0$73,884$0
Funding fee$0$0$0
Note rate5.000%5.000%7.240%
Blended rate5.850%7.574%7.480%
1st payment$521.82$521.82$920.02
2nd payment$0.00$554.13$0.00
Taxes / mo$53.67$53.67$53.67
Insurance / mo$150.00$150.00$150.00
MI / mo$68.85$68.85$27.00
HOA / mo$0.00$0.00$0.00
Total monthly$794.34$1,348.47$1,150.69
Cash to close$88,884$15,000$15,000