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
Current Market Conventional
New · Conventional
Loan amount$116,243$126,000
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.75%7.24%
Blended rate7.3%7.48%
1st payment$764.22$858.69
2nd payment$0.00$0.00
Taxes / mo$51.83$51.83
Insurance / mo$150.00$150.00
MI / mo$54.00$25.20
HOA / mo$16.67$16.67
Total monthly$1,036.72$1,102.39
Cash to close$23,757$14,000