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$236,985$236,985$306,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$69,015$0
Funding fee$0$0$0
Note rate5.110%5.110%7.240%
Blended rate5.960%6.646%7.480%
1st payment$1,382.69$1,382.69$2,085.38
2nd payment$0.00$517.62$0.00
Taxes / mo$162.08$162.08$162.08
Insurance / mo$150.00$150.00$150.00
MI / mo$180.18$180.18$61.20
HOA / mo$0.00$0.00$0.00
Total monthly$1,874.96$2,392.57$2,458.67
Cash to close$103,015$34,000$34,000