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$285,846$285,846$413,010
Remaining term (yrs)28.328.330.0
Secondary amount$0$127,164$0
Funding fee$0$0$0
Note rate6.960%6.960%7.240%
Blended rate7.510%7.661%7.480%
1st payment$1,925.93$1,925.93$2,814.66
2nd payment$0.00$847.76$0.00
Taxes / mo$104.83$104.83$104.83
Insurance / mo$166.67$166.67$166.67
MI / mo$133.22$133.22$82.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,330.65$3,178.41$3,168.76
Cash to close$173,054$45,890$45,890