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$277,924$277,924$354,600
Remaining term (yrs)26.326.330.0
Secondary amount$0$76,676$0
Funding fee$0$0$0
Note rate6.120%6.120%7.240%
Blended rate6.670%7.174%7.480%
1st payment$1,770.37$1,770.37$2,416.59
2nd payment$0.00$575.07$0.00
Taxes / mo$91.58$91.58$91.58
Insurance / mo$150.00$150.00$150.00
MI / mo$133.61$133.61$70.92
HOA / mo$0.00$0.00$0.00
Total monthly$2,145.57$2,720.64$2,729.10
Cash to close$116,076$39,400$39,400