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$155,449$155,449$296,910
Remaining term (yrs)22.222.230.0
Secondary amount$0$141,461$0
Funding fee$0$0$0
Note rate4.63%4.63%7.24%
Blended rate5.48%6.681%7.48%
1st payment$931.73$931.73$2,023.44
2nd payment$0.00$943.08$0.00
Taxes / mo$107.33$107.33$107.33
Insurance / mo$150.00$150.00$150.00
MI / mo$128.29$128.29$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,317.35$2,260.43$2,340.15
Cash to close$174,451$32,990$32,990