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$84,270$84,270$251,100
Remaining term (yrs)14.414.430.0
Secondary amount$0$166,830$0
Funding fee$0$0$0
Note rate5.05%5.05%7.24%
Blended rate5.9%7.295%7.48%
1st payment$684.05$684.05$1,711.24
2nd payment$0.00$1,112.20$0.00
Taxes / mo$164.83$164.83$164.83
Insurance / mo$150.00$150.00$150.00
MI / mo$89.75$89.75$50.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,088.63$2,200.83$2,076.30
Cash to close$194,730$27,900$27,900