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$210,938$210,938$251,100
Remaining term (yrs)27.727.730.0
Secondary amount$0$40,162$0
Funding fee$0$0$0
Note rate6.87%6.87%7.24%
Blended rate7.42%7.673%7.48%
1st payment$1,418.34$1,418.34$1,711.24
2nd payment$0.00$301.22$0.00
Taxes / mo$54.25$54.25$54.25
Insurance / mo$150.00$150.00$150.00
MI / mo$99.01$99.01$50.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,721.60$2,022.82$1,965.71
Cash to close$68,062$27,900$27,900