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$241,281$241,281$269,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$28,629$0
Funding fee$0$0$0
Note rate5.89%5.89%7.24%
Blended rate6.74%6.98%7.48%
1st payment$1,512.59$1,512.59$1,839.43
2nd payment$0.00$214.72$0.00
Taxes / mo$145.33$145.33$145.33
Insurance / mo$150.00$150.00$150.00
MI / mo$180.83$180.83$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,988.75$2,203.47$2,188.75
Cash to close$58,619$29,990$29,990