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$272,989$272,989$292,500
Remaining term (yrs)29.329.330.0
Secondary amount$0$35,761$0
Funding fee$0$0$0
Note rate6.210%6.210%7.240%
Blended rate6.760%7.352%7.480%
1st payment$1,686.88$1,686.88$1,993.38
2nd payment$0.00$353.89$0.00
Taxes / mo$144.75$144.75$144.75
Insurance / mo$150.00$150.00$150.00
MI / mo$126.10$126.10$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,107.74$2,461.62$2,346.63
Cash to close$52,011$16,250$32,500