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$227,304$227,304$242,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$29,101$0
Funding fee$0$0$0
Note rate7.12%7.12%7.24%
Blended rate7.67%8.147%7.48%
1st payment$1,586.16$1,586.16$1,655.43
2nd payment$0.00$287.97$0.00
Taxes / mo$107.50$107.50$107.50
Insurance / mo$150.00$150.00$150.00
MI / mo$107.96$107.96$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,951.62$2,239.59$1,961.51
Cash to close$42,596$13,495$26,990