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$235,161$235,161$494,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$258,939$0
Funding fee$0$0$0
Note rate6.600%6.600%7.240%
Blended rate7.150%7.464%7.480%
1st payment$1,565.51$1,565.51$3,367.28
2nd payment$0.00$1,672.32$0.00
Taxes / mo$140.42$140.42$140.42
Insurance / mo$166.67$166.67$166.67
MI / mo$112.35$112.35$98.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,984.94$3,657.26$3,773.19
Cash to close$313,839$54,900$54,900