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$346,724$346,724$427,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$80,776$0
Funding fee$0$0$0
Note rate6.880%6.880%7.240%
Blended rate7.430%7.727%7.480%
1st payment$2,340.68$2,340.68$2,913.40
2nd payment$0.00$605.82$0.00
Taxes / mo$168.92$168.92$168.92
Insurance / mo$166.67$166.67$166.67
MI / mo$163.22$163.22$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,839.48$3,445.30$3,334.49
Cash to close$128,276$47,500$47,500