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$230,381$230,381$292,410
Remaining term (yrs)26.626.630.0
Secondary amount$0$62,029$0
Funding fee$0$0$0
Note rate6.27%6.27%7.24%
Blended rate6.82%7.282%7.48%
1st payment$1,483.70$1,483.70$1,992.77
2nd payment$0.00$465.22$0.00
Taxes / mo$60.50$60.50$60.50
Insurance / mo$150.00$150.00$150.00
MI / mo$110.21$110.21$58.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,804.41$2,269.63$2,261.75
Cash to close$94,519$32,490$32,490