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$260,801$260,801$359,100
Remaining term (yrs)27.627.630.0
Secondary amount$0$98,299$0
Funding fee$0$0$0
Note rate6.88%6.88%7.24%
Blended rate7.43%7.86%7.48%
1st payment$1,758.85$1,758.85$2,447.26
2nd payment$0.00$737.24$0.00
Taxes / mo$85.08$85.08$85.08
Insurance / mo$150.00$150.00$150.00
MI / mo$122.65$122.65$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,116.58$2,853.82$2,754.16
Cash to close$138,199$39,900$39,900