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$215,962$215,962$270,000
Remaining term (yrs)17.517.530.0
Secondary amount$0$54,038$0
Funding fee$0$0$0
Note rate6.820%6.820%7.240%
Blended rate7.370%7.696%7.480%
1st payment$1,759.60$1,759.60$1,840.04
2nd payment$0.00$405.29$0.00
Taxes / mo$45.08$45.08$45.08
Insurance / mo$150.00$150.00$150.00
MI / mo$105.49$105.49$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,060.17$2,465.46$2,089.13
Cash to close$84,038$30,000$30,000