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$189,459$189,459$238,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$49,041$0
Funding fee$0$0$0
Note rate6.880%6.880%7.240%
Blended rate7.430%7.753%7.480%
1st payment$1,279.01$1,279.01$1,625.37
2nd payment$0.00$367.81$0.00
Taxes / mo$126.75$126.75$126.75
Insurance / mo$150.00$150.00$150.00
MI / mo$89.19$89.19$47.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,644.95$2,012.75$1,949.82
Cash to close$75,541$26,500$26,500