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$226,886$226,886$260,910
Remaining term (yrs)25.725.730.0
Secondary amount$0$34,024$0
Funding fee$0$0$0
Note rate5.1%5.1%7.24%
Blended rate5.95%6.348%7.48%
1st payment$1,320.36$1,320.36$1,778.10
2nd payment$0.00$255.18$0.00
Taxes / mo$68.58$68.58$68.58
Insurance / mo$150.00$150.00$150.00
MI / mo$172.25$172.25$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,711.19$1,966.38$2,048.86
Cash to close$63,014$28,990$28,990