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$330,906$330,906$418,500
Remaining term (yrs)26.226.230.0
Secondary amount$0$87,594$0
Funding fee$0$0$0
Note rate6.810%6.810%7.240%
Blended rate7.660%7.940%7.480%
1st payment$2,257.64$2,257.64$2,852.07
2nd payment$0.00$656.95$0.00
Taxes / mo$177.17$177.17$177.17
Insurance / mo$166.67$166.67$166.67
MI / mo$245.05$245.05$83.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,846.52$3,503.47$3,279.60
Cash to close$134,094$46,500$46,500