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$201,746$201,746$283,410
Remaining term (yrs)25.525.530.0
Secondary amount$0$81,664$0
Funding fee$0$0$0
Note rate5.250%5.250%7.240%
Blended rate6.100%6.936%7.480%
1st payment$1,195.65$1,195.65$1,931.43
2nd payment$0.00$612.48$0.00
Taxes / mo$84.25$84.25$84.25
Insurance / mo$150.00$150.00$150.00
MI / mo$153.37$153.37$56.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,583.27$2,195.76$2,222.37
Cash to close$113,154$31,490$31,490