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$245,422$245,422$341,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$96,488$0
Funding fee$0$0$0
Note rate6.57%6.57%7.24%
Blended rate7.12%7.651%7.48%
1st payment$1,625.38$1,625.38$2,330.11
2nd payment$0.00$723.66$0.00
Taxes / mo$167.33$167.33$167.33
Insurance / mo$150.00$150.00$150.00
MI / mo$117.01$117.01$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,059.72$2,783.38$2,715.83
Cash to close$134,478$37,990$37,990