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$131,671$131,671$166,410
Remaining term (yrs)21.621.630.0
Secondary amount$0$34,739$0
Funding fee$0$0$0
Note rate4.400%4.400%7.240%
Blended rate5.250%6.033%7.480%
1st payment$784.67$784.67$1,134.08
2nd payment$0.00$260.54$0.00
Taxes / mo$39.58$39.58$39.58
Insurance / mo$150.00$150.00$150.00
MI / mo$110.99$110.99$33.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,085.24$1,345.79$1,356.95
Cash to close$53,229$18,490$18,490