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$98,289$98,289$359,910
Remaining term (yrs)11.111.130.0
Secondary amount$0$261,621$0
Funding fee$0$0$0
Note rate6.62%6.62%7.24%
Blended rate7.47%7.674%7.48%
1st payment$1,039.65$1,039.65$2,452.78
2nd payment$0.00$1,689.64$0.00
Taxes / mo$133.08$133.08$133.08
Insurance / mo$150.00$150.00$150.00
MI / mo$115.07$115.07$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,437.80$3,127.44$2,807.85
Cash to close$301,611$39,990$39,990