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$253,487$253,487$299,250
Remaining term (yrs)26.226.230.0
Secondary amount$0$45,763$0
Funding fee$0$0$0
Note rate6.330%6.330%7.240%
Blended rate7.180%7.458%7.480%
1st payment$1,652.14$1,652.14$2,039.38
2nd payment$0.00$343.22$0.00
Taxes / mo$122.83$122.83$122.83
Insurance / mo$150.00$150.00$150.00
MI / mo$188.47$188.47$59.85
HOA / mo$0.00$0.00$0.00
Total monthly$2,113.45$2,456.67$2,372.07
Cash to close$79,013$33,250$33,250