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$8,235$8,235$213,210
Remaining term (yrs)2.22.230.0
Secondary amount$0$204,975$0
Funding fee$0$0$0
Note rate6.94%6.94%7.24%
Blended rate7.79%7.752%7.48%
1st payment$319.40$319.40$1,453.02
2nd payment$0.00$1,323.80$0.00
Taxes / mo$116.83$116.83$116.83
Insurance / mo$150.00$150.00$150.00
MI / mo$34.21$34.21$42.64
HOA / mo$150.00$150.00$150.00
Total monthly$770.44$2,094.24$1,912.50
Cash to close$228,665$23,690$23,690