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$186,203$186,203$247,410
Remaining term (yrs)25.825.830.0
Secondary amount$0$61,207$0
Funding fee$0$0$0
Note rate5.3%5.3%7.24%
Blended rate6.15%6.855%7.48%
1st payment$1,102.36$1,102.36$1,686.09
2nd payment$0.00$459.05$0.00
Taxes / mo$110.08$110.08$110.08
Insurance / mo$150.00$150.00$150.00
MI / mo$140.61$140.61$49.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,503.05$1,962.11$1,995.66
Cash to close$88,697$27,490$27,490