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$327,119$327,119$337,410
Remaining term (yrs)26.626.630.0
Secondary amount$0$29,036$0
Funding fee$0$0$0
Note rate6.390%6.390%7.240%
Blended rate6.940%7.342%7.480%
1st payment$2,131.50$2,131.50$2,299.44
2nd payment$0.00$287.34$0.00
Taxes / mo$236.17$236.17$236.17
Insurance / mo$150.00$150.00$150.00
MI / mo$156.35$156.35$67.48
HOA / mo$40.00$40.00$40.00
Total monthly$2,714.01$3,001.35$2,793.09
Cash to close$47,781$18,745$37,490