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$116,543$116,543$242,910
Remaining term (yrs)22.422.430.0
Secondary amount$0$126,367$0
Funding fee$0$0$0
Note rate4%4%7.24%
Blended rate4.85%6.489%7.48%
1st payment$655.30$655.30$1,655.43
2nd payment$0.00$842.45$0.00
Taxes / mo$67.00$67.00$67.00
Insurance / mo$150.00$150.00$150.00
MI / mo$97.23$97.23$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$969.53$1,811.97$1,921.01
Cash to close$153,357$26,990$26,990