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$125,104$125,104$279,000
Remaining term (yrs)20.220.230.0
Secondary amount$0$153,896$0
Funding fee$0$0$0
Note rate4.08%4.08%7.24%
Blended rate4.93%6.623%7.48%
1st payment$757.29$757.29$1,901.38
2nd payment$0.00$1,025.97$0.00
Taxes / mo$174.67$174.67$174.67
Insurance / mo$150.00$150.00$150.00
MI / mo$111.28$111.28$55.80
HOA / mo$44.00$44.00$44.00
Total monthly$1,237.24$2,263.21$2,325.85
Cash to close$184,896$31,000$31,000