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$190,985$190,985$517,500
Remaining term (yrs)12.912.930.0
Secondary amount$0$326,515$0
Funding fee$0$0$0
Note rate6.47%6.47%7.24%
Blended rate7.02%7.481%7.48%
1st payment$1,813.58$1,813.58$3,526.75
2nd payment$0.00$2,108.74$0.00
Taxes / mo$107.25$107.25$107.25
Insurance / mo$166.67$166.67$166.67
MI / mo$95.60$95.60$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,183.10$4,291.84$3,904.17
Cash to close$384,015$57,500$57,500