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$183,372$183,372$239,850
Remaining term (yrs)28.828.830.0
Secondary amount$0$56,478$0
Funding fee$0$0$0
Note rate6.58%6.58%7.24%
Blended rate7.13%7.57%7.48%
1st payment$1,182.85$1,182.85$1,634.57
2nd payment$0.00$423.58$0.00
Taxes / mo$46.08$46.08$46.08
Insurance / mo$150.00$150.00$150.00
MI / mo$85.06$85.06$47.97
HOA / mo$0.00$0.00$0.00
Total monthly$1,464.00$1,887.58$1,878.63
Cash to close$83,128$26,650$26,650