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$274,654$274,654$315,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$40,346$0
Funding fee$0$0$0
Note rate6.14%6.14%7.24%
Blended rate6.69%6.986%7.48%
1st payment$1,860.07$1,860.07$2,146.72
2nd payment$0.00$302.60$0.00
Taxes / mo$77.75$77.75$77.75
Insurance / mo$150.00$150.00$150.00
MI / mo$130.58$130.58$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,218.40$2,521.00$2,437.47
Cash to close$75,346$35,000$35,000