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$266,913$266,913$301,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$34,587$0
Funding fee$0$0$0
Note rate6.560%6.560%7.240%
Blended rate7.110%7.327%7.480%
1st payment$1,714.94$1,714.94$2,054.72
2nd payment$0.00$259.40$0.00
Taxes / mo$110.50$110.50$110.50
Insurance / mo$150.00$150.00$150.00
MI / mo$123.58$123.58$60.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,099.03$2,358.43$2,375.52
Cash to close$68,087$33,500$33,500