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$208,210$208,210$251,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$43,700$0
Funding fee$0$0$0
Note rate4.420%4.420%7.240%
Blended rate5.270%5.917%7.480%
1st payment$1,133.56$1,133.56$1,716.76
2nd payment$0.00$327.75$0.00
Taxes / mo$140.92$140.92$140.92
Insurance / mo$150.00$150.00$150.00
MI / mo$159.97$159.97$50.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,584.44$1,912.19$2,058.06
Cash to close$71,690$27,990$27,990