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$223,218$223,218$241,200
Remaining term (yrs)26.726.730.0
Secondary amount$0$31,382$0
Funding fee$0$0$0
Note rate6.39%6.39%7.24%
Blended rate6.94%7.548%7.48%
1st payment$1,452.77$1,452.77$1,643.77
2nd payment$0.00$310.55$0.00
Taxes / mo$57.00$57.00$57.00
Insurance / mo$150.00$150.00$150.00
MI / mo$106.56$106.56$48.24
HOA / mo$0.00$0.00$0.00
Total monthly$1,766.33$2,076.87$1,899.01
Cash to close$44,782$13,400$26,800