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$296,186$296,186$359,910
Remaining term (yrs)27.527.530.0
Secondary amount$0$63,724$0
Funding fee$0$0$0
Note rate6.87%6.87%7.24%
Blended rate7.42%7.7%7.48%
1st payment$1,997.57$1,997.57$2,452.78
2nd payment$0.00$477.93$0.00
Taxes / mo$261.67$261.67$261.67
Insurance / mo$150.00$150.00$150.00
MI / mo$139.44$139.44$71.98
HOA / mo$19.17$19.17$19.17
Total monthly$2,567.85$3,045.78$2,955.60
Cash to close$103,714$39,990$39,990