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$210,808$210,808$225,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$26,692$0
Funding fee$0$0$0
Note rate6.3%6.3%7.24%
Blended rate6.85%7.415%7.48%
1st payment$1,318.84$1,318.84$1,533.37
2nd payment$0.00$264.14$0.00
Taxes / mo$85.58$85.58$85.58
Insurance / mo$150.00$150.00$150.00
MI / mo$97.66$97.66$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,652.08$1,916.22$1,813.95
Cash to close$39,192$12,500$25,000