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$106,931$106,931$359,910
Remaining term (yrs)13.413.430.0
Secondary amount$0$252,979$0
Funding fee$0$0$0
Note rate5.05%5.05%7.24%
Blended rate5.9%7.2%7.48%
1st payment$911.77$911.77$2,452.78
2nd payment$0.00$1,633.82$0.00
Taxes / mo$257.17$257.17$257.17
Insurance / mo$150.00$150.00$150.00
MI / mo$119.63$119.63$71.98
HOA / mo$16.67$16.67$16.67
Total monthly$1,455.24$3,089.06$2,948.60
Cash to close$292,969$39,990$39,990