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$288,741$288,741$346,500
Remaining term (yrs)28.528.530.0
Secondary amount$0$57,759$0
Funding fee$0$0$0
Note rate6.82%6.82%7.24%
Blended rate7.37%7.642%7.48%
1st payment$1,915.17$1,915.17$2,361.39
2nd payment$0.00$433.19$0.00
Taxes / mo$84.33$84.33$84.33
Insurance / mo$150.00$150.00$150.00
MI / mo$135.69$135.69$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,285.19$2,718.38$2,665.02
Cash to close$96,259$38,500$38,500