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
Current Market Conventional
New · Conventional
Loan amount$289,572$283,410
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.875%7.24%
Blended rate6.425%7.48%
1st payment$1,800.55$1,931.43
2nd payment$0.00$0.00
Taxes / mo$125.00$125.00
Insurance / mo$150.00$150.00
MI / mo$139.51$56.68
HOA / mo$15.00$15.00
Total monthly$2,230.06$2,278.12
Cash to close$25,328$31,490