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$206,223$206,223$269,100
Remaining term (yrs)27.827.830.0
Secondary amount$0$62,877$0
Funding fee$0$0$0
Note rate6.73%6.73%7.24%
Blended rate7.28%7.682%7.48%
1st payment$1,366.42$1,366.42$1,833.91
2nd payment$0.00$471.58$0.00
Taxes / mo$57.83$57.83$57.83
Insurance / mo$150.00$150.00$150.00
MI / mo$96.76$96.76$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,671.01$2,142.59$2,095.56
Cash to close$92,777$29,900$29,900