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$187,422$187,422$229,500
Remaining term (yrs)26.426.430.0
Secondary amount$0$42,078$0
Funding fee$0$0$0
Note rate6.73%6.73%7.24%
Blended rate7.28%7.595%7.48%
1st payment$1,264.73$1,264.73$1,564.04
2nd payment$0.00$315.59$0.00
Taxes / mo$114.33$114.33$114.33
Insurance / mo$150.00$150.00$150.00
MI / mo$89.56$89.56$45.90
HOA / mo$50.00$50.00$50.00
Total monthly$1,668.62$1,984.21$1,924.27
Cash to close$67,578$25,500$25,500