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$296,560$296,560$320,310
Remaining term (yrs)29.329.330.0
Secondary amount$0$41,545$0
Funding fee$0$0$0
Note rate6.1%6.1%7.24%
Blended rate6.65%7.292%7.48%
1st payment$1,809.70$1,809.70$2,182.91
2nd payment$0.00$411.12$0.00
Taxes / mo$95.75$95.75$95.75
Insurance / mo$150.00$150.00$150.00
MI / mo$136.87$136.87$64.06
HOA / mo$0.00$0.00$0.00
Total monthly$2,192.32$2,603.45$2,492.72
Cash to close$59,340$17,795$35,590