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$55,732$55,732$323,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$268,178$0
Funding fee$0$0$0
Note rate5.810%5.810%7.240%
Blended rate6.660%7.562%7.480%
1st payment$347.12$347.12$2,207.44
2nd payment$0.00$1,731.98$0.00
Taxes / mo$820.17$820.17$820.17
Insurance / mo$150.00$150.00$150.00
MI / mo$41.86$41.86$64.78
HOA / mo$8.33$8.33$8.33
Total monthly$1,367.48$3,099.46$3,250.72
Cash to close$304,168$35,990$35,990