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$164,706$164,706$242,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$78,204$0
Funding fee$0$0$0
Note rate6.900%6.900%7.240%
Blended rate7.450%7.949%7.480%
1st payment$1,124.55$1,124.55$1,655.43
2nd payment$0.00$586.53$0.00
Taxes / mo$51.67$51.67$51.67
Insurance / mo$150.00$150.00$150.00
MI / mo$78.26$78.26$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,404.48$1,991.01$1,905.68
Cash to close$105,194$26,990$26,990