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$337,495$337,495$449,910
Remaining term (yrs)27.627.630.0
Secondary amount$0$112,415$0
Funding fee$0$0$0
Note rate7.09%7.09%7.24%
Blended rate7.64%7.73%7.48%
1st payment$2,322.56$2,322.56$3,066.13
2nd payment$0.00$749.44$0.00
Taxes / mo$163.08$163.08$163.08
Insurance / mo$166.67$166.67$166.67
MI / mo$158.56$158.56$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,810.87$3,560.31$3,485.86
Cash to close$162,405$49,990$49,990