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$172,075$172,075$513,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$340,925$0
Funding fee$0$0$0
Note rate6.890%6.890%7.240%
Blended rate7.440%7.646%7.480%
1st payment$1,158.14$1,158.14$3,496.09
2nd payment$0.00$2,201.81$0.00
Taxes / mo$173.00$173.00$173.00
Insurance / mo$166.67$166.67$166.67
MI / mo$80.68$80.68$102.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,578.48$3,780.29$3,938.35
Cash to close$397,925$57,000$57,000