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$70,533$70,533$333,000
Remaining term (yrs)14.414.430.0
Secondary amount$0$262,467$0
Funding fee$0$0$0
Note rate5.050%5.050%7.240%
Blended rate5.900%7.358%7.480%
1st payment$572.54$572.54$2,269.39
2nd payment$0.00$1,695.10$0.00
Taxes / mo$110.67$110.67$110.67
Insurance / mo$150.00$150.00$150.00
MI / mo$75.12$75.12$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$908.33$2,603.43$2,596.66
Cash to close$299,467$37,000$37,000