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$326,672$326,672$364,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$37,828$0
Funding fee$0$0$0
Note rate6.96%6.96%7.24%
Blended rate7.51%7.665%7.48%
1st payment$2,238.39$2,238.39$2,484.06
2nd payment$0.00$283.71$0.00
Taxes / mo$289.42$289.42$289.42
Insurance / mo$150.00$150.00$150.00
MI / mo$154.83$154.83$72.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,832.64$3,116.34$2,996.38
Cash to close$78,328$40,500$40,500