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$334,994$334,994$405,000
Remaining term (yrs)28.828.830.0
Secondary amount$0$70,006$0
Funding fee$0$0$0
Note rate6.720%6.720%7.240%
Blended rate7.270%7.569%7.480%
1st payment$2,189.56$2,189.56$2,760.07
2nd payment$0.00$525.04$0.00
Taxes / mo$184.83$184.83$184.83
Insurance / mo$150.00$150.00$150.00
MI / mo$155.20$155.20$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,679.60$3,204.64$3,175.90
Cash to close$115,006$45,000$45,000