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$275,451$275,451$296,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$37,954$0
Funding fee$0$0$0
Note rate6.81%6.81%7.24%
Blended rate7.36%7.907%7.48%
1st payment$1,864.64$1,864.64$2,023.44
2nd payment$0.00$375.59$0.00
Taxes / mo$198.17$198.17$198.17
Insurance / mo$150.00$150.00$150.00
MI / mo$130.96$130.96$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,343.77$2,719.36$2,430.98
Cash to close$54,449$16,495$32,990