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$234,273$234,273$247,410
Remaining term (yrs)26.526.530.0
Secondary amount$0$26,882$0
Funding fee$0$0$0
Note rate6.600%6.600%7.240%
Blended rate7.150%7.636%7.480%
1st payment$1,559.60$1,559.60$1,686.09
2nd payment$0.00$266.02$0.00
Taxes / mo$64.17$64.17$64.17
Insurance / mo$150.00$150.00$150.00
MI / mo$111.93$111.93$49.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,885.70$2,151.71$1,949.74
Cash to close$40,627$13,745$27,490