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$274,486$274,486$358,560
Remaining term (yrs)28.128.130.0
Secondary amount$0$84,074$0
Funding fee$0$0$0
Note rate6.12%6.12%7.24%
Blended rate6.67%7.216%7.48%
1st payment$1,705.44$1,705.44$2,443.58
2nd payment$0.00$630.55$0.00
Taxes / mo$151.75$151.75$151.75
Insurance / mo$150.00$150.00$150.00
MI / mo$128.71$128.71$71.71
HOA / mo$0.00$0.00$0.00
Total monthly$2,135.91$2,766.46$2,817.04
Cash to close$123,914$39,840$39,840