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$203,833$203,833$269,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$66,077$0
Funding fee$0$0$0
Note rate6.67%6.67%7.24%
Blended rate7.22%7.656%7.48%
1st payment$1,361.46$1,361.46$1,839.43
2nd payment$0.00$495.58$0.00
Taxes / mo$79.17$79.17$79.17
Insurance / mo$150.00$150.00$150.00
MI / mo$97.00$97.00$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,687.63$2,183.21$2,122.58
Cash to close$96,067$29,990$29,990