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$309,359$309,359$328,410
Remaining term (yrs)26.326.330.0
Secondary amount$0$37,296$0
Funding fee$0$0$0
Note rate6.330%6.330%7.240%
Blended rate6.880%7.417%7.480%
1st payment$2,011.34$2,011.34$2,238.11
2nd payment$0.00$369.07$0.00
Taxes / mo$90.17$90.17$90.17
Insurance / mo$150.00$150.00$150.00
MI / mo$148.47$148.47$65.68
HOA / mo$0.00$0.00$0.00
Total monthly$2,399.97$2,769.04$2,543.96
Cash to close$55,541$18,245$36,490