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$300,074$300,074$314,910
Remaining term (yrs)26.226.230.0
Secondary amount$0$32,331$0
Funding fee$0$0$0
Note rate6.480%6.480%7.240%
Blended rate7.330%7.501%7.480%
1st payment$1,981.78$1,981.78$2,146.11
2nd payment$0.00$319.94$0.00
Taxes / mo$207.42$207.42$207.42
Insurance / mo$150.00$150.00$150.00
MI / mo$144.01$144.01$62.98
HOA / mo$50.00$50.00$50.00
Total monthly$2,533.20$2,853.15$2,616.50
Cash to close$49,826$17,495$34,990