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$213,454$213,454$229,500
Remaining term (yrs)27.327.330.0
Secondary amount$0$28,796$0
Funding fee$0$0$0
Note rate6.670%6.670%7.240%
Blended rate7.220%7.773%7.480%
1st payment$1,414.86$1,414.86$1,564.04
2nd payment$0.00$284.96$0.00
Taxes / mo$85.25$85.25$85.25
Insurance / mo$150.00$150.00$150.00
MI / mo$100.81$100.81$45.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,750.92$2,035.88$1,845.19
Cash to close$41,546$12,750$25,500