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$211,439$211,439$297,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$85,561$0
Funding fee$0$0$0
Note rate5.22%5.22%7.24%
Blended rate6.07%6.914%7.48%
1st payment$1,263.30$1,263.30$2,024.05
2nd payment$0.00$641.71$0.00
Taxes / mo$234.50$234.50$234.50
Insurance / mo$150.00$150.00$150.00
MI / mo$160.29$160.29$59.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,808.09$2,449.80$2,467.95
Cash to close$118,561$33,000$33,000