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$99,810$99,810$346,500
Remaining term (yrs)13.913.930.0
Secondary amount$0$246,690$0
Funding fee$0$0$0
Note rate4.43%4.43%7.24%
Blended rate5.28%7.039%7.48%
1st payment$798.33$798.33$2,361.39
2nd payment$0.00$1,593.20$0.00
Taxes / mo$222.00$222.00$222.00
Insurance / mo$150.00$150.00$150.00
MI / mo$112.53$112.53$69.30
HOA / mo$10.00$10.00$10.00
Total monthly$1,292.85$2,886.06$2,812.69
Cash to close$285,190$38,500$38,500