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$224,395$224,395$314,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$90,515$0
Funding fee$0$0$0
Note rate6.350%6.350%7.240%
Blended rate6.900%7.504%7.480%
1st payment$1,453.02$1,453.02$2,146.11
2nd payment$0.00$678.86$0.00
Taxes / mo$88.75$88.75$88.75
Insurance / mo$150.00$150.00$150.00
MI / mo$107.03$107.03$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,798.80$2,477.66$2,447.84
Cash to close$125,505$34,990$34,990