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$175,053$175,053$301,410
Remaining term (yrs)28.228.230.0
Secondary amount$0$126,357$0
Funding fee$0$0$0
Note rate6.62%6.62%7.24%
Blended rate7.17%7.518%7.48%
1st payment$1,141.56$1,141.56$2,054.10
2nd payment$0.00$842.38$0.00
Taxes / mo$68.33$68.33$68.33
Insurance / mo$150.00$150.00$150.00
MI / mo$82.59$82.59$60.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,442.49$2,284.86$2,332.72
Cash to close$159,847$33,490$33,490