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$219,605$219,605$296,100
Remaining term (yrs)27.327.330.0
Secondary amount$0$76,495$0
Funding fee$0$0$0
Note rate6.66%6.66%7.24%
Blended rate7.21%7.672%7.48%
1st payment$1,454.21$1,454.21$2,017.92
2nd payment$0.00$573.72$0.00
Taxes / mo$156.00$156.00$156.00
Insurance / mo$150.00$150.00$150.00
MI / mo$103.72$103.72$59.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,863.93$2,437.65$2,383.14
Cash to close$109,395$32,900$32,900