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$219,217$219,217$247,500
Remaining term (yrs)27.827.830.0
Secondary amount$0$28,283$0
Funding fee$0$0$0
Note rate6.78%6.78%7.24%
Blended rate7.33%7.521%7.48%
1st payment$1,459.66$1,459.66$1,686.71
2nd payment$0.00$212.12$0.00
Taxes / mo$62.08$62.08$62.08
Insurance / mo$150.00$150.00$150.00
MI / mo$102.83$102.83$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,774.57$1,986.69$1,948.29
Cash to close$55,783$27,500$27,500