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$312,132$312,132$354,510
Remaining term (yrs)27.927.930.0
Secondary amount$0$42,378$0
Funding fee$0$0$0
Note rate6.730%6.730%7.240%
Blended rate7.280%7.486%7.480%
1st payment$2,066.08$2,066.08$2,415.98
2nd payment$0.00$317.83$0.00
Taxes / mo$60.58$60.58$60.58
Insurance / mo$150.00$150.00$150.00
MI / mo$146.30$146.30$70.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,422.96$2,740.79$2,697.46
Cash to close$81,768$39,390$39,390