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$74,658$74,658$243,000
Remaining term (yrs)17.417.430.0
Secondary amount$0$168,342$0
Funding fee$0$0$0
Note rate4.750%4.750%7.240%
Blended rate5.600%7.263%7.480%
1st payment$524.18$524.18$1,656.04
2nd payment$0.00$1,122.28$0.00
Taxes / mo$153.25$153.25$153.25
Insurance / mo$150.00$150.00$150.00
MI / mo$71.18$71.18$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$898.60$2,020.88$2,007.89
Cash to close$195,342$27,000$27,000