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$198,824$198,824$350,910
Remaining term (yrs)27.627.630.0
Secondary amount$0$152,086$0
Funding fee$0$0$0
Note rate6.88%6.88%7.24%
Blended rate7.43%7.677%7.48%
1st payment$1,340.87$1,340.87$2,391.45
2nd payment$0.00$1,013.91$0.00
Taxes / mo$47.00$47.00$47.00
Insurance / mo$150.00$150.00$150.00
MI / mo$93.50$93.50$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,631.37$2,645.28$2,658.63
Cash to close$191,076$38,990$38,990