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$220,098$220,098$431,100
Remaining term (yrs)27.127.130.0
Secondary amount$0$211,002$0
Funding fee$0$0$0
Note rate7.2%7.2%7.24%
Blended rate7.75%7.75%7.48%
1st payment$1,539.60$1,539.60$2,937.94
2nd payment$0.00$1,362.72$0.00
Taxes / mo$107.33$107.33$107.33
Insurance / mo$166.67$166.67$166.67
MI / mo$103.96$103.96$86.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,917.56$3,280.28$3,298.16
Cash to close$258,902$47,900$47,900