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$212,259$212,259$238,410
Remaining term (yrs)27.027.030.0
Secondary amount$0$26,151$0
Funding fee$0$0$0
Note rate7.180%7.180%7.240%
Blended rate7.730%7.869%7.480%
1st payment$1,481.97$1,481.97$1,624.76
2nd payment$0.00$196.13$0.00
Taxes / mo$113.67$113.67$113.67
Insurance / mo$150.00$150.00$150.00
MI / mo$100.27$100.27$47.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,845.90$2,042.04$1,936.11
Cash to close$52,641$26,490$26,490