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$240,575$240,575$287,910
Remaining term (yrs)26.726.730.0
Secondary amount$0$47,335$0
Funding fee$0$0$0
Note rate7.130%7.130%7.240%
Blended rate7.680%7.897%7.480%
1st payment$1,680.33$1,680.33$1,962.10
2nd payment$0.00$355.01$0.00
Taxes / mo$89.75$89.75$89.75
Insurance / mo$150.00$150.00$150.00
MI / mo$114.26$114.26$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,034.34$2,389.35$2,259.43
Cash to close$79,325$31,990$31,990