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$92,800$92,800$325,800
Remaining term (yrs)16.916.930.0
Secondary amount$0$233,000$0
Funding fee$0$0$0
Note rate4.370%4.370%7.240%
Blended rate5.220%7.029%7.480%
1st payment$643.27$643.27$2,220.32
2nd payment$0.00$1,504.79$0.00
Taxes / mo$162.92$162.92$162.92
Insurance / mo$150.00$150.00$150.00
MI / mo$91.31$91.31$65.16
HOA / mo$0.00$0.00$0.00
Total monthly$1,047.50$2,552.30$2,598.40
Cash to close$269,200$36,200$36,200