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$367,442$367,442$458,991
Remaining term (yrs)28.228.230.0
Secondary amount$0$91,549$0
Funding fee$0$0$0
Note rate6.6%6.6%7.24%
Blended rate7.15%7.519%7.48%
1st payment$2,391.39$2,391.39$3,128.02
2nd payment$0.00$686.62$0.00
Taxes / mo$74.92$74.92$74.92
Insurance / mo$166.67$166.67$166.67
MI / mo$171.62$171.62$91.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,804.60$3,491.21$3,461.40
Cash to close$142,548$50,999$50,999