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$260,895$260,895$278,100
Remaining term (yrs)28.428.430.0
Secondary amount$0$32,655$0
Funding fee$0$0$0
Note rate6.870%6.870%7.240%
Blended rate7.420%7.916%7.480%
1st payment$1,740.69$1,740.69$1,895.25
2nd payment$0.00$323.15$0.00
Taxes / mo$81.50$81.50$81.50
Insurance / mo$150.00$150.00$150.00
MI / mo$121.51$121.51$55.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,093.70$2,416.85$2,182.37
Cash to close$48,105$15,450$30,900