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$194,585$194,585$445,500
Remaining term (yrs)22.022.030.0
Secondary amount$0$250,915$0
Funding fee$0$0$0
Note rate6.570%6.570%7.240%
Blended rate7.120%7.475%7.480%
1st payment$1,393.15$1,393.15$3,036.07
2nd payment$0.00$1,620.49$0.00
Taxes / mo$202.00$202.00$202.00
Insurance / mo$166.67$166.67$166.67
MI / mo$93.96$93.96$89.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,855.78$3,476.27$3,493.84
Cash to close$300,415$49,500$49,500