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$313,616$313,616$328,410
Remaining term (yrs)26.326.330.0
Secondary amount$0$33,039$0
Funding fee$0$0$0
Note rate6.13%6.13%7.24%
Blended rate6.68%7.175%7.48%
1st payment$1,999.69$1,999.69$2,238.11
2nd payment$0.00$326.94$0.00
Taxes / mo$154.00$154.00$154.00
Insurance / mo$150.00$150.00$150.00
MI / mo$150.76$150.76$65.68
HOA / mo$0.00$0.00$0.00
Total monthly$2,454.45$2,781.39$2,607.79
Cash to close$51,284$18,245$36,490