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$272,797$272,797$292,005
Remaining term (yrs)26.526.530.0
Secondary amount$0$35,431$0
Funding fee$0$0$0
Note rate6.420%6.420%7.240%
Blended rate6.970%7.534%7.480%
1st payment$1,784.84$1,784.84$1,990.01
2nd payment$0.00$350.62$0.00
Taxes / mo$203.50$203.50$203.50
Insurance / mo$150.00$150.00$150.00
MI / mo$130.51$130.51$58.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,268.85$2,619.46$2,401.91
Cash to close$51,653$16,223$32,445