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$251,435$251,435$261,900
Remaining term (yrs)26.526.530.0
Secondary amount$0$25,015$0
Funding fee$0$0$0
Note rate6.320%6.320%7.240%
Blended rate6.870%7.323%7.480%
1st payment$1,629.18$1,629.18$1,784.84
2nd payment$0.00$247.54$0.00
Taxes / mo$73.25$73.25$73.25
Insurance / mo$150.00$150.00$150.00
MI / mo$120.38$120.38$52.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,972.82$2,220.36$2,060.47
Cash to close$39,565$14,550$29,100