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$263,048$263,048$305,100
Remaining term (yrs)26.426.430.0
Secondary amount$0$42,052$0
Funding fee$0$0$0
Note rate6.500%6.500%7.240%
Blended rate7.050%7.319%7.480%
1st payment$1,736.45$1,736.45$2,079.25
2nd payment$0.00$315.39$0.00
Taxes / mo$85.50$85.50$85.50
Insurance / mo$150.00$150.00$150.00
MI / mo$125.92$125.92$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,097.86$2,413.26$2,375.77
Cash to close$75,952$33,900$33,900