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$181,169$181,169$404,910
Remaining term (yrs)28.228.230.0
Secondary amount$0$223,741$0
Funding fee$0$0$0
Note rate6.790%6.790%7.240%
Blended rate7.340%7.567%7.480%
1st payment$1,202.72$1,202.72$2,759.45
2nd payment$0.00$1,445.00$0.00
Taxes / mo$112.92$112.92$112.92
Insurance / mo$150.00$150.00$150.00
MI / mo$84.64$84.64$80.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,550.28$2,995.28$3,103.35
Cash to close$268,731$44,990$44,990