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$269,909$269,909$369,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$99,091$0
Funding fee$0$0$0
Note rate6.77%6.77%7.24%
Blended rate7.32%7.771%7.48%
1st payment$1,795.43$1,795.43$2,514.73
2nd payment$0.00$743.18$0.00
Taxes / mo$232.83$232.83$232.83
Insurance / mo$150.00$150.00$150.00
MI / mo$126.62$126.62$73.80
HOA / mo$19.33$19.33$19.33
Total monthly$2,324.21$3,067.39$2,990.69
Cash to close$140,091$41,000$41,000