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$155,114$155,114$360,000
Remaining term (yrs)21.421.430.0
Secondary amount$0$204,886$0
Funding fee$0$0$0
Note rate4.460%4.460%7.240%
Blended rate5.310%6.699%7.480%
1st payment$935.88$935.88$2,453.39
2nd payment$0.00$1,323.22$0.00
Taxes / mo$239.58$239.58$239.58
Insurance / mo$150.00$150.00$150.00
MI / mo$131.45$131.45$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,456.91$2,780.14$2,914.98
Cash to close$244,886$40,000$40,000