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$329,295$329,295$440,910
Remaining term (yrs)28.028.030.0
Secondary amount$0$111,615$0
Funding fee$0$0$0
Note rate6.200%6.200%7.240%
Blended rate6.750%7.066%7.480%
1st payment$2,062.75$2,062.75$3,004.79
2nd payment$0.00$744.10$0.00
Taxes / mo$100.00$100.00$100.00
Insurance / mo$166.67$166.67$166.67
MI / mo$154.36$154.36$88.18
HOA / mo$0.00$0.00$0.00
Total monthly$2,483.78$3,227.88$3,359.64
Cash to close$160,605$48,990$48,990