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$134,691$134,691$261,000
Remaining term (yrs)21.421.430.0
Secondary amount$0$126,309$0
Funding fee$0$0$0
Note rate4.400%4.400%7.240%
Blended rate5.250%6.581%7.480%
1st payment$806.37$806.37$1,778.71
2nd payment$0.00$842.06$0.00
Taxes / mo$188.42$188.42$188.42
Insurance / mo$150.00$150.00$150.00
MI / mo$114.06$114.06$52.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,258.85$2,100.91$2,169.33
Cash to close$155,309$29,000$29,000