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$314,816$314,816$359,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$45,094$0
Funding fee$0$0$0
Note rate6.350%6.350%7.240%
Blended rate6.900%7.163%7.480%
1st payment$2,040.93$2,040.93$2,452.78
2nd payment$0.00$338.21$0.00
Taxes / mo$253.58$253.58$253.58
Insurance / mo$150.00$150.00$150.00
MI / mo$150.33$150.33$71.98
HOA / mo$248.00$248.00$248.00
Total monthly$2,842.85$3,181.06$3,176.35
Cash to close$85,084$39,990$39,990