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$198,875$198,875$217,800
Remaining term (yrs)26.326.330.0
Secondary amount$0$31,025$0
Funding fee$0$0$0
Note rate6.13%6.13%7.24%
Blended rate6.68%7.381%7.48%
1st payment$1,268.07$1,268.07$1,484.30
2nd payment$0.00$307.02$0.00
Taxes / mo$85.50$85.50$85.50
Insurance / mo$150.00$150.00$150.00
MI / mo$95.60$95.60$43.56
HOA / mo$0.00$0.00$0.00
Total monthly$1,599.17$1,906.19$1,763.36
Cash to close$43,125$12,100$24,200