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$346,240$346,240$404,100
Remaining term (yrs)27.627.630.0
Secondary amount$0$57,860$0
Funding fee$0$0$0
Note rate7.02%7.02%7.24%
Blended rate7.57%7.775%7.48%
1st payment$2,366.80$2,366.80$2,753.93
2nd payment$0.00$433.95$0.00
Taxes / mo$234.75$234.75$234.75
Insurance / mo$150.00$150.00$150.00
MI / mo$162.72$162.72$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,914.27$3,348.22$3,219.50
Cash to close$102,760$44,900$44,900