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$229,357$229,357$278,910
Remaining term (yrs)26.026.030.0
Secondary amount$0$49,553$0
Funding fee$0$0$0
Note rate6.7%6.7%7.24%
Blended rate7.55%7.808%7.48%
1st payment$1,552.29$1,552.29$1,900.77
2nd payment$0.00$371.65$0.00
Taxes / mo$139.50$139.50$139.50
Insurance / mo$150.00$150.00$150.00
MI / mo$170.40$170.40$55.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,012.19$2,383.84$2,246.05
Cash to close$80,543$30,990$30,990