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$240,863$240,863$314,910
Remaining term (yrs)26.026.030.0
Secondary amount$0$74,047$0
Funding fee$0$0$0
Note rate7.08%7.08%7.24%
Blended rate7.93%8.182%7.48%
1st payment$1,688.99$1,688.99$2,146.11
2nd payment$0.00$555.35$0.00
Taxes / mo$62.25$62.25$62.25
Insurance / mo$150.00$150.00$150.00
MI / mo$178.38$178.38$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,079.62$2,634.97$2,421.34
Cash to close$109,037$34,990$34,990