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$22,650$22,650$372,600
Remaining term (yrs)25.225.230.0
Secondary amount$0$349,950$0
Funding fee$0$0$0
Note rate7.290%7.290%7.240%
Blended rate7.840%7.755%7.480%
1st payment$163.54$163.54$2,539.26
2nd payment$0.00$2,260.10$0.00
Taxes / mo$155.00$155.00$155.00
Insurance / mo$150.00$150.00$150.00
MI / mo$10.73$10.73$74.52
HOA / mo$0.00$0.00$0.00
Total monthly$479.26$2,739.36$2,918.78
Cash to close$391,350$41,400$41,400