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$210,164$210,164$229,500
Remaining term (yrs)27.527.530.0
Secondary amount$0$32,086$0
Funding fee$0$0$0
Note rate6.740%6.740%7.240%
Blended rate7.290%7.897%7.480%
1st payment$1,399.63$1,399.63$1,564.04
2nd payment$0.00$317.52$0.00
Taxes / mo$106.42$106.42$106.42
Insurance / mo$150.00$150.00$150.00
MI / mo$99.01$99.01$45.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,755.06$2,072.58$1,866.35
Cash to close$44,836$12,750$25,500