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$296,326$296,326$314,910
Remaining term (yrs)26.626.630.0
Secondary amount$0$36,079$0
Funding fee$0$0$0
Note rate6.27%6.27%7.24%
Blended rate6.82%7.369%7.48%
1st payment$1,908.40$1,908.40$2,146.11
2nd payment$0.00$357.03$0.00
Taxes / mo$127.67$127.67$127.67
Insurance / mo$150.00$150.00$150.00
MI / mo$141.76$141.76$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,327.83$2,684.86$2,486.75
Cash to close$53,574$17,495$34,990