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$76,454$76,454$247,500
Remaining term (yrs)18.018.030.0
Secondary amount$0$171,046$0
Funding fee$0$0$0
Note rate4.19%4.19%7.24%
Blended rate5.04%7.086%7.48%
1st payment$503.08$503.08$1,686.71
2nd payment$0.00$1,140.31$0.00
Taxes / mo$148.75$148.75$148.75
Insurance / mo$150.00$150.00$150.00
MI / mo$72.96$72.96$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$874.79$2,015.10$2,034.96
Cash to close$198,546$27,500$27,500