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$294,419$294,419$337,410
Remaining term (yrs)27.827.830.0
Secondary amount$0$42,991$0
Funding fee$0$0$0
Note rate6.89%6.89%7.24%
Blended rate7.44%7.639%7.48%
1st payment$1,981.56$1,981.56$2,299.44
2nd payment$0.00$322.44$0.00
Taxes / mo$234.92$234.92$234.92
Insurance / mo$150.00$150.00$150.00
MI / mo$138.04$138.04$67.48
HOA / mo$30.00$30.00$30.00
Total monthly$2,534.52$2,856.95$2,781.84
Cash to close$80,481$37,490$37,490