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$135,079$135,079$243,000
Remaining term (yrs)21.821.830.0
Secondary amount$0$107,921$0
Funding fee$0$0$0
Note rate4.530%4.530%7.240%
Blended rate5.380%6.544%7.480%
1st payment$810.97$810.97$1,656.04
2nd payment$0.00$719.48$0.00
Taxes / mo$124.75$124.75$124.75
Insurance / mo$150.00$150.00$150.00
MI / mo$112.97$112.97$48.60
HOA / mo$10.42$10.42$10.42
Total monthly$1,209.12$1,928.59$1,989.81
Cash to close$134,921$27,000$27,000