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$157,328$157,328$899,999
Remaining term (yrs)14.714.730.0
Secondary amount$0$742,671$0
Funding fee$0$0$0
Note rate4.630%4.630%7.240%
Blended rate5.480%7.353%7.480%
1st payment$1,223.48$1,223.48$6,133.48
2nd payment$0.00$4,796.42$0.00
Taxes / mo$1,119.00$1,119.00$1,119.00
Insurance / mo$216.67$216.67$216.67
MI / mo$168.46$168.46$180.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,727.61$7,524.03$7,649.14
Cash to close$842,671$100,000$100,000