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$51,406$51,406$234,000
Remaining term (yrs)11.311.330.0
Secondary amount$0$182,594$0
Funding fee$0$0$0
Note rate6.500%6.500%7.240%
Blended rate7.350%7.857%7.480%
1st payment$532.49$532.49$1,594.71
2nd payment$0.00$1,217.29$0.00
Taxes / mo$69.25$69.25$69.25
Insurance / mo$150.00$150.00$150.00
MI / mo$59.67$59.67$46.80
HOA / mo$0.00$0.00$0.00
Total monthly$811.41$2,028.70$1,860.76
Cash to close$208,594$26,000$26,000