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$254,456$254,456$324,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$69,544$0
Funding fee$0$0$0
Note rate6.330%6.330%7.240%
Blended rate7.180%7.571%7.480%
1st payment$1,658.46$1,658.46$2,208.05
2nd payment$0.00$521.58$0.00
Taxes / mo$84.92$84.92$84.92
Insurance / mo$150.00$150.00$150.00
MI / mo$189.19$189.19$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$2,082.57$2,604.15$2,507.77
Cash to close$105,544$36,000$36,000