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$249,180$249,180$268,200
Remaining term (yrs)29.429.430.0
Secondary amount$0$33,920$0
Funding fee$0$0$0
Note rate6.090%6.090%7.240%
Blended rate6.640%7.267%7.480%
1st payment$1,517.43$1,517.43$1,827.78
2nd payment$0.00$335.67$0.00
Taxes / mo$105.00$105.00$105.00
Insurance / mo$150.00$150.00$150.00
MI / mo$114.89$114.89$53.64
HOA / mo$0.00$0.00$0.00
Total monthly$1,887.32$2,222.99$2,136.42
Cash to close$48,820$14,900$29,800