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$243,699$243,699$283,500
Remaining term (yrs)27.127.130.0
Secondary amount$0$39,801$0
Funding fee$0$0$0
Note rate7.760%7.760%7.240%
Blended rate8.310%8.407%7.480%
1st payment$1,795.49$1,795.49$1,932.05
2nd payment$0.00$298.51$0.00
Taxes / mo$59.42$59.42$59.42
Insurance / mo$150.00$150.00$150.00
MI / mo$114.76$114.76$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,119.67$2,418.18$2,198.16
Cash to close$71,301$31,500$31,500