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$331,995$331,995$359,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$27,915$0
Funding fee$0$0$0
Note rate6.960%6.960%7.240%
Blended rate7.510%7.626%7.480%
1st payment$2,274.86$2,274.86$2,452.78
2nd payment$0.00$209.36$0.00
Taxes / mo$222.92$222.92$222.92
Insurance / mo$150.00$150.00$150.00
MI / mo$157.35$157.35$71.98
HOA / mo$167.00$167.00$167.00
Total monthly$2,972.13$3,181.49$3,064.68
Cash to close$67,905$39,990$39,990