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
Current Market Conventional
New · Conventional
Loan amount$294,153$301,410
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.5%7.24%
Blended rate7.05%7.48%
1st payment$1,893.40$2,054.10
2nd payment$0.00$0.00
Taxes / mo$105.50$105.50
Insurance / mo$150.00$150.00
MI / mo$137.30$60.28
HOA / mo$0.00$0.00
Total monthly$2,286.20$2,369.89
Cash to close$40,747$33,490