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$129,765$129,765$337,500
Remaining term (yrs)20.220.230.0
Secondary amount$0$207,735$0
Funding fee$0$0$0
Note rate4.030%4.030%7.240%
Blended rate4.880%6.647%7.480%
1st payment$780.00$780.00$2,300.06
2nd payment$0.00$1,341.62$0.00
Taxes / mo$162.58$162.58$162.58
Insurance / mo$150.00$150.00$150.00
MI / mo$115.31$115.31$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,207.89$2,549.51$2,680.14
Cash to close$245,235$37,500$37,500