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$153,337$153,337$184,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$31,163$0
Funding fee$0$0$0
Note rate6.27%6.27%7.24%
Blended rate6.82%7.188%7.48%
1st payment$987.52$987.52$1,257.36
2nd payment$0.00$233.73$0.00
Taxes / mo$119.58$119.58$119.58
Insurance / mo$150.00$150.00$150.00
MI / mo$73.35$73.35$36.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,330.46$1,564.18$1,563.85
Cash to close$51,663$20,500$20,500