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$286,268$286,268$341,910
Remaining term (yrs)28.128.130.0
Secondary amount$0$55,642$0
Funding fee$0$0$0
Note rate6.72%6.72%7.24%
Blended rate7.27%7.552%7.48%
1st payment$1,889.22$1,889.22$2,330.11
2nd payment$0.00$417.31$0.00
Taxes / mo$87.08$87.08$87.08
Insurance / mo$150.00$150.00$150.00
MI / mo$133.91$133.91$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,260.22$2,677.53$2,635.58
Cash to close$93,632$37,990$37,990