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$177,275$177,275$351,000
Remaining term (yrs)27.727.730.0
Secondary amount$0$173,725$0
Funding fee$0$0$0
Note rate6.99%6.99%7.24%
Blended rate7.54%7.768%7.48%
1st payment$1,207.12$1,207.12$2,392.06
2nd payment$0.00$1,158.17$0.00
Taxes / mo$55.83$55.83$55.83
Insurance / mo$150.00$150.00$150.00
MI / mo$83.24$83.24$70.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,496.20$2,654.37$2,668.09
Cash to close$212,725$39,000$39,000