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$290,900$290,900$359,910
Remaining term (yrs)28.728.730.0
Secondary amount$0$69,010$0
Funding fee$0$0$0
Note rate6.840%6.840%7.240%
Blended rate7.390%7.699%7.480%
1st payment$1,927.90$1,927.90$2,452.78
2nd payment$0.00$517.58$0.00
Taxes / mo$56.50$56.50$56.50
Insurance / mo$150.00$150.00$150.00
MI / mo$134.99$134.99$71.98
HOA / mo$35.00$35.00$35.00
Total monthly$2,304.39$2,821.97$2,766.26
Cash to close$109,000$39,990$39,990