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$277,991$277,991$314,910
Remaining term (yrs)28.728.730.0
Secondary amount$0$36,919$0
Funding fee$0$0$0
Note rate6.63%6.63%7.24%
Blended rate7.18%7.393%7.48%
1st payment$1,804.00$1,804.00$2,146.11
2nd payment$0.00$276.90$0.00
Taxes / mo$242.33$242.33$242.33
Insurance / mo$150.00$150.00$150.00
MI / mo$129.06$129.06$62.98
HOA / mo$35.00$35.00$35.00
Total monthly$2,360.40$2,637.29$2,636.42
Cash to close$71,909$34,990$34,990