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$190,633$190,633$237,600
Remaining term (yrs)28.728.730.0
Secondary amount$0$46,967$0
Funding fee$0$0$0
Note rate6.810%6.810%7.240%
Blended rate7.360%7.684%7.480%
1st payment$1,259.63$1,259.63$1,619.24
2nd payment$0.00$352.25$0.00
Taxes / mo$60.92$60.92$60.92
Insurance / mo$150.00$150.00$150.00
MI / mo$88.47$88.47$47.52
HOA / mo$0.00$0.00$0.00
Total monthly$1,559.01$1,911.26$1,877.68
Cash to close$73,367$26,400$26,400