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$328,425$328,425$350,100
Remaining term (yrs)26.726.730.0
Secondary amount$0$41,125$0
Funding fee$0$0$0
Note rate6.710%6.710%7.240%
Blended rate7.260%7.774%7.480%
1st payment$2,202.09$2,202.09$2,385.92
2nd payment$0.00$406.97$0.00
Taxes / mo$102.92$102.92$102.92
Insurance / mo$150.00$150.00$150.00
MI / mo$156.25$156.25$70.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,611.25$3,018.22$2,708.86
Cash to close$60,575$19,450$38,900