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$92,044$92,044$328,500
Remaining term (yrs)20.420.430.0
Secondary amount$0$236,456$0
Funding fee$0$0$0
Note rate4.32%4.32%7.24%
Blended rate5.17%7.027%7.48%
1st payment$564.61$564.61$2,238.72
2nd payment$0.00$1,527.11$0.00
Taxes / mo$120.75$120.75$120.75
Insurance / mo$150.00$150.00$150.00
MI / mo$80.62$80.62$65.70
HOA / mo$0.00$0.00$0.00
Total monthly$915.98$2,443.10$2,575.17
Cash to close$272,956$36,500$36,500