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$167,159$167,159$201,150
Remaining term (yrs)26.026.030.0
Secondary amount$0$33,991$0
Funding fee$0$0$0
Note rate6.920%6.920%7.240%
Blended rate7.770%7.978%7.480%
1st payment$1,154.89$1,154.89$1,370.83
2nd payment$0.00$254.94$0.00
Taxes / mo$246.58$246.58$246.58
Insurance / mo$150.00$150.00$150.00
MI / mo$123.96$123.96$40.23
HOA / mo$0.00$0.00$0.00
Total monthly$1,675.43$1,930.37$1,807.65
Cash to close$56,341$22,350$22,350