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$326,191$326,191$431,999
Remaining term (yrs)27.827.830.0
Secondary amount$0$105,808$0
Funding fee$0$0$0
Note rate6.780%6.780%7.240%
Blended rate7.330%7.494%7.480%
1st payment$2,171.95$2,171.95$2,944.07
2nd payment$0.00$705.38$0.00
Taxes / mo$240.50$240.50$240.50
Insurance / mo$166.67$166.67$166.67
MI / mo$153.01$153.01$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,732.13$3,437.51$3,437.63
Cash to close$153,808$48,000$48,000