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$329,763$329,763$350,100
Remaining term (yrs)26.826.830.0
Secondary amount$0$39,787$0
Funding fee$0$0$0
Note rate6.810%6.810%7.240%
Blended rate7.360%7.846%7.480%
1st payment$2,229.88$2,229.88$2,385.92
2nd payment$0.00$393.73$0.00
Taxes / mo$178.00$178.00$178.00
Insurance / mo$150.00$150.00$150.00
MI / mo$156.61$156.61$70.02
HOA / mo$4.17$4.17$4.17
Total monthly$2,718.66$3,112.39$2,788.11
Cash to close$59,237$19,450$38,900