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$314,337$314,337$414,000
Remaining term (yrs)27.227.230.0
Secondary amount$0$99,663$0
Funding fee$0$0$0
Note rate6.620%6.620%7.240%
Blended rate7.170%7.611%7.480%
1st payment$2,075.66$2,075.66$2,821.40
2nd payment$0.00$747.47$0.00
Taxes / mo$174.17$174.17$174.17
Insurance / mo$166.67$166.67$166.67
MI / mo$148.65$148.65$82.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,565.15$3,312.62$3,245.04
Cash to close$145,663$46,000$46,000