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$166,983$166,983$260,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$93,927$0
Funding fee$0$0$0
Note rate6.490%6.490%7.240%
Blended rate7.040%7.746%7.480%
1st payment$1,079.33$1,079.33$1,778.10
2nd payment$0.00$704.45$0.00
Taxes / mo$66.17$66.17$66.17
Insurance / mo$150.00$150.00$150.00
MI / mo$78.35$78.35$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,373.85$2,078.30$2,046.45
Cash to close$122,917$28,990$28,990