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$18,219$18,219$116,910
Remaining term (yrs)11.011.030.0
Secondary amount$0$98,691$0
Funding fee$0$0$0
Note rate6.420%6.420%7.240%
Blended rate7.270%8.730%7.480%
1st payment$191.81$191.81$796.74
2nd payment$0.00$740.18$0.00
Taxes / mo$59.75$59.75$59.75
Insurance / mo$150.00$150.00$150.00
MI / mo$21.68$21.68$23.38
HOA / mo$363.00$363.00$363.00
Total monthly$786.23$1,526.41$1,392.87
Cash to close$111,681$12,990$12,990