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$276,354$276,354$422,910
Remaining term (yrs)28.728.730.0
Secondary amount$0$146,556$0
Funding fee$0$0$0
Note rate6.810%6.810%7.240%
Blended rate7.360%7.582%7.480%
1st payment$1,826.04$1,826.04$2,882.12
2nd payment$0.00$977.04$0.00
Taxes / mo$156.92$156.92$156.92
Insurance / mo$166.67$166.67$166.67
MI / mo$128.25$128.25$84.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,277.87$3,254.91$3,290.29
Cash to close$193,546$46,990$46,990