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$250,573$250,573$323,910
Remaining term (yrs)29.629.630.0
Secondary amount$0$73,337$0
Funding fee$0$0$0
Note rate6.300%6.300%7.240%
Blended rate6.850%7.337%7.480%
1st payment$1,556.88$1,556.88$2,207.44
2nd payment$0.00$550.03$0.00
Taxes / mo$56.08$56.08$56.08
Insurance / mo$150.00$150.00$150.00
MI / mo$115.28$115.28$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,878.24$2,428.27$2,478.31
Cash to close$109,327$35,990$35,990